Groupon Secures $135,000,000 New Financing
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=cac9725e-6c87-4d26-b702-8cc817f72dc1&Preview=1 - Date
4/19/2010 - 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
$135,000,000 - Transaction Round
Undisclosed - Proceeds Purposes
A portion of the investment will be used to fuel Groupon’s global expansion, and the rest will be used to facilitate liquidity for employees and early investors. - M&A Terms
- Venture Investor
Digital Sky Technologies - Venture Investor
Battery Ventures
