Groupon Raises $10.3M as Part of Zappedy Buy

Groupon has raised $10.28 million in connection with its acquisition of Zappedy, a start-up developing applications for local brick-and-mortar merchants, according to a filing with the Securities and Exchange Commission. Groupon has not disclosed any details of the acquisition, and it is unclear what the exact purchase price was. News of the acquisition and equity capital raise was first reported by TechCrunch. Zappedy’s website has already been shuttered.