The financing consists of several venture capital firms and late-stage investors, including Andreessen Horowitz, Battery Ventures, DST, Greylock Partners, Kleiner Perkins Caufield & Byers, Maverick Capital, Silver Lake and Technology Crossover Ventures. Allen & Company LLC acted as financial advisor. Previous funding rounds were led by New Enterprise Associates, Accel Partners, Mail.ru Group and DST.

In the last year, Groupon has been called "the fastest growing company ever" by Forbes Magazine and "America's best website" by one of Groupon's television commercials. In 2010, Groupon:

· Expanded from 1 to 35 countries
· Launched in almost 500 new markets (from 30 markets in 2009)
· Grew subscribers by 2,500% from 2 million to over 50 million
· Saved consumers over $1.5 billion
· Worked with 58,000 local businesses, serving over 100,000 deals worldwide.

"We're thrilled that Groupon has earned the confidence of some of the world's most respected investment firms," said Andrew Mason, founder and CEO of Groupon. "With their support, we will continue on our mission to change the way people shop locally and serve the world's local businesses."