Spanish Group Coupon Service Groupalia Raises €2.5 Million

Groupalia is a Spanish coupon group buying service that has raised €2.5 million ($3.17 million U.S.). Nauta Capital led the round and Spanish bank la Caixa participated. Other investors include Lucas Carné and Jose Manuel Villanueva. Groupalia plans to expand in Mexico, Brazil and Italy. [TechCrunch Europe]

This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at
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