Sunday, February 27, 2011
Groupon Files SEC Form For Another $16.2 Million
Wait wha? According to this SEC form, daily deals site Groupon has raised another $16.2 million. There's no word on whether this is an add-on to its recent $950 million round or just a smaller mini-round, in any case it seems unrelated to any M&A activity. Listed on the form is Blue Media's Eric Lefosky, Brad Keywell and Accel's Kevin Efrusy, among others. Groupon recently turned down an offer from Google, and has raised over $1.13 billion to date when you include the amount on this form. When asked whether this was part of a new round, Groupon CEO Andrew Mason said,�"We typically don't comment on these things sorry. Ask me something else."