Feeds

Groupon buys big after $1bn funding round

Coupon crusade continues with three-company spree

Top three mobile application threats

Coupon website Groupon has scooped up three companies offering similar services in Israel, India and South Africa, after it completed a $950m round of funding from investors yesterday.

The 3,000-strong outfit, which recently walked away from a multi-billion dollar takeover bid by Google, said it had bought coupon deal sites SoSasta, Grouper and Twangoo.

Financial terms of the acquisitions were not revealed by Chicago-based Groupon.

Backers in the equity financing round included Andreessen Horowitz, Battery Ventures, Greylock Partners and Russia's Mail.ru Group, AKA Digitial Sky Technologies (DST).

Groupon could be mulling an IPO, or indeed be hoping to find a buyer with more than $6bn to offload on the site.

In related news, DST has also invested lumps of cash in Facebook and Zynga. ®

Combat fraud and increase customer satisfaction

Whitepapers

Mainstay ROI - Does application security pay?
In this whitepaper learn how you and your enterprise might benefit from better software security.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.