CouponCabin.com, a Whiting, In.-based online destination for coupons, has raised a $54m equity funding.
The investment was made by JMI Equity, which will hold a minority stake in the company.
The company intends to use the funds for content and consumer expansion.
Founded in 2003 by CEO Scott Kluth, CouponCabin offers coupon codes, printables, grocery coupons, etc.
In conjunction with the funding, Brad Woloson, General Partner at JMI Equity and Chip Hardt, former Principal at McKinsey & Company, will join Mr. Kluth on the company’s board.
FinSMEs
20/10/2011