Groupon Hits Half Of Its $950 Million Series G Goal

Last month a document revealed that had plans to raise $950 million in Series G. So far the company has raised half of that amount. Investors in this round include DST Global, T. Rowe Price, Fidelity, Capital Group, and Morgan Stanley. This investment gives Groupon a $4.75 billion valuation. This is $1.25 billion less than what Google offered to buy them out at. [AllThingsD]

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