Group Commerce Receives $21,000,000 Series C Funding Round

  • Feed Type
  • Date
    5/30/2012
  • Company Name
    Group Commerce
  • Mailing Address
    628 Broadway New York, NY 10012
  • Company Description
    The company has developed a white label, full-service group buying platform for publishers and merchants.
  • Website
    http://www.groupcommerce.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $21,000,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    The funding will be used to increase support for its growing US client base, further develop its technology platform to enable all forms of e-commerce, and to accelerate its rollout into the UK, Germany and other European countries.
  • M&A Terms
  • Venture Investor
    JAFCO Ventures
  • Venture Investor
    Spark Capital
  • Venture Investor
    Carmel Ventures