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Groupon Files SEC Form For Another $16.2 Million

February 25th, 2011 02:22 admin Leave a comment Go to comments

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.”

Groupon recently named Starbucks founder Howard Schultz to the board, who then made a undisclosed investment to the company. Perhaps that’s actually what we’re seeing here.

Updating

Source: Groupon Files SEC Form For Another $16.2 Million

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