Gabby and Hezi Leibovich Raises $80 Million To Grow CatchOfTheDay and Scoopon

Posted May 25, 2011

Australian brothers Gabby and Hezi Leibovich have raised $80 million on a $200 million valuation for their companies CatchOfTheDay and Scoopon. The $80 million was provided by a consortium of investors led by Tiger Global Management. The two founders will be using the funds to grow those two daily deals websites. The companies were not initially looking for funding, but they were recently courted by American venture capital companies over the last 9 months. [WSJ]