Coupons.com Closes $30 Million

Coupons.com Monday announced landing $30 million in new funding from Greylock Partners to continue the coupon industry's expansion from print to digital, mobile and social. The latest round comes only a few months after Coupons.com raised $200 million in June from institutional investors, up to half of which will be used to "facilitate liquidity" for employees and early investors. (Greylock was not a prior investor.) That funding valued the company at $1 billion. Besides its own flagship site, Coupons.com powers the majority of coupons printed online via a network of tens of thousands of sites. Since June, the company is beefing up staffing from 288 to an expected 450 employees by year's end.

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