Daily Local Deals Website DailyD Raises $5 Million

DailyD is a daily local deals website that is based in Santa Monica, California. DailyD has raised $5 million in funding according to a regulatory filing. DailyD was founded by LowerMyBills founder Matt Coffin. Although the funding company was not listed in the filing, Jim Simons of Split Rock Partners is listed as a board member.

Before DailyD, Coffin sold LowerMyBills to Experian Interactive for $330 million in 2005. Coffin has also been an angel investor. He invested in ThisWeekIn, Ad.ly, Docstoc, and Rubicon Project.


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