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June 9, 2011 07:59 am GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/0-2UjqNTq_Q/
Coupons.com Raises $200 Million At A Whopping $1 Billion Valuation
It looks like Coupons.com just became the Airbnb of mega-million dollar raises at billion dollar valuations. Today, Coupons.com, the largest provider of digital coupons, announced that it has received a $200 million investment from a group of institutional investors, including several mutual funds. The company has thus far declined to disclose the names of the investors. The sizable investment comes at a supposed $1 billion valuation, and sources close to Coupons.com (who declined to be named) said that the valuation is based on $100 million in expected revenues for 2011, roughly double those of the prior year. This is likely all a part of gearing up for a potential IPO sometime in 2012.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/0-2UjqNTq_Q/
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