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December 29, 2010, 10:31 AM EST
By Adam Satariano
Dec. 28 (Bloomberg) -- Groupon Inc., the online-coupon site that spurned a $6 billion offer from Google Inc. earlier this month, has filed to raise as much as $950 million in funding, the venture-capital website VCExperts reported.
Groupon, based in Chicago, filed the paperwork on Dec. 17 and an exact amount should be available next week, according to VCExperts. The financing could value Groupon at as much as $7.8 billion, the site said.
Julie Mossler, a spokeswoman for Groupon, didn’t respond to requests for comment from Bloomberg News.
To contact the reporter on this story: Adam Satariano in San Francisco at asatariano1@bloomberg.net
To contact the editor responsible for this story: Nick Turner at nturner7@bloomberg.net
Online Business Consulting | Internet Business Consulting
Dec. 28 (Bloomberg) -- Groupon Inc., the online-coupon site that spurned a $6 billion offer from Google Inc. earlier this month, has filed to raise as much as $950 million in funding, the venture-capital website VCExperts reported.
Groupon, based in Chicago, filed the paperwork on Dec. 17 and an exact amount should be available next week, according to VCExperts. The financing could value Groupon at as much as $7.8 billion, the site said.
Julie Mossler, a spokeswoman for Groupon, didn’t respond to requests for comment from Bloomberg News.
To contact the reporter on this story: Adam Satariano in San Francisco at asatariano1@bloomberg.net
To contact the editor responsible for this story: Nick Turner at nturner7@bloomberg.net
Online Business Consulting | Internet Business Consulting