WhaleShark Media Garners $150,000,000 New Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1245eb6a-6065-44aa-ba0a-fe7b6cb8f0a3&Preview=1
Date
11/10/2011
Company Name
WhaleShark Media
Mailing Address
301 Congress Avenue Austin, TX 78701
Company Description
WhaleShark Media Inc. is the world’s leading marketplace for coupons and deals. The company’s websites connect consumers seeking savings with discounts from more than 100,000 top merchants, stores and retailers. WhaleShark Media welcomes more than 230 million visitors to shop its sites every year.
Website
http://www.whalesharkmedia.com
Transaction Type
Venture Equity
Transaction Amount
$150,000,000
Transaction Round
Undisclosed
Proceeds Purposes
The capital will be used to support the company’s rapid organic growth through key strategic technology and personnel enhancements within the organization and additional growth from new acquisitions.
M&A Terms
Venture Investor
JPMorgan Partners
Venture Investor
Institutional Venture Partners