Groupon Secures $450,000,000 New Funding Round

  • Feed Type
  • Date
    1/10/2011
  • 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
    $450,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Groupon will use the funds to fuel globalexpansion, invest in technology, and provide liquidity for employees andearly investors.
  • M&A Terms
  • Venture Investor
    Andreessen Horowitz
  • Venture Investor
    Greylock Partners
  • Venture Investor
    Kleiner Perkins Caufield & Byers
  • Venture Investor
    Maverick Capital
  • Venture Investor
    Silver Lake
  • Venture Investor
    Technology Crossover Ventures