Dealfind, a North American online group buying website, has secured $31m in venture capital funding.
Investors include Insight Venture Partners, Georgian Partners, and the Ontario Venture Capital Fund.
The company intends to use the funds to further grow its infrastructure and expand across Canada and the United States in 2011. Dealfind’s goal is to be in over 100 cities in North America by the end of the year.
A branch of online restaurant directory MenuPalace.com, Dealfind was founded in May, 2010, by President Gary Lipovetsky and CEO Michael Tulman.
Today, the company employs 130 staff.