Dealfind Nabs $31M from VCs

Canadian daily deal website Dealfind has raised $31 million from New York-based Insight Venture Partners, Toronto-based Georgian Partners and the Ontario Venture Capital Fund. The investors now hold a minority stake in the company, according to a written release. Specifics of the stakes were not released. Dealfind was formed in May 2010 and launched as part of the online restaurant directory MenuPalace. With the new capital, the company aims to expand its reach in Canada and in the US.

16 May 2011•3 mins read
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