Groupon Acquires Ideeli for $43M

Groupon (NASDAQ: GRPN) acquired Ideeli, a NYC-based online retail site, for $43m.

As said by CEO Eric Lefkofsky, Ideeli will help Groupon extend its fashion presence.

Launched in June 2007 and led by Stefan Pepe, Chief Executive Officer, ideeli is an online retailer with more than 6 million members and more than 1,000 brand partners.

It has raised the following rounds:
06/07/2013: ideeli received $12M in Series E funding
21/06/2012: Ideeli Latest Round Brings Total Raised to Nearly $100 Million
30/04/2011: ideeli Closes $41M Series C Financing
08/12/2009: Ideeli Closes 20M Series B Round of Financing
16/12/2007: Ideeli: It’s meets ‘The Devil Wears Prada’



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