Groupon Lands $30,000,000 New Financing Round

  • Feed Type
  • Date
    12/2/2009
  • Company Name
    Groupon
  • Mailing Address
    600 W Chicago Ave Chicago, IL 60654
  • Company Description
    Launched in November 2008, Groupon features a daily deal on the best stuff to do, see, eat, and buy in a variety of cities across the United States. We have about 40 wonderful people working in our Chicago office (a handful of whom you can see to your right), along with a smattering of people in Groupon’s other cities.
  • Website
    http://www.groupon.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $30,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    “We’re proud of the positive impact Groupon is having on consumers and business owners,” said Groupon founder and CEO Andrew Mason. “Groupon is pioneering a new category, and we believe adding Accel’s experience partnering with digital and social media companies together with NEA’s depth in the area will help us reach our full potential.”
  • M&A Terms
  • Venture Investor
    Accel Partners

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