JP Morgan and IVP are investing $150m in the Google-backed online coupon marketplace as it prepares to expand further by making more acquisitions.
US-based online coupon and deal marketplace WhaleShark Media secured $150m in financing from JP Morgan Asset Management, a division of financial services firm JP Morgan, and venture capital firm Institutional Venture Partners (IVP) yesterday, bringing its total funding close to $300m.
WhaleShark had previously raised $143.5m from corporate venturing fund Google Ventures, as well as private equity (PE) firm Austin Ventures, PE investment management firm Adams Street Partners and investment firm Norwest Venture Partners.
WhaleShark operates a range of websites…
