Daily Deal Sites Attract 1.6 Billion in Venture Capital Investment in 2011

TROY, Mich.—July 13, 2011—Over the past six months, daily deal sites such as Groupon, Living Social and Gilt Groupe have attracted more than $1.69 billion in venture capital and other investments according to the new 2011 Daily Deal Investment Index released today by Daily Deal Media. Overall, 22 Daily Deal companies have received investments in the past six months.

Globally, there are more than 3,000 total daily deal companies, including more than 1,000 in China, more than 900 in Europe, and more than 600 in South America.

For more information or to purchase a copy of the 1H 2011 Daily Deal Investment Index, which includes a comprehensive breakdown of the deals and profiles of more than 30 leading Daily Deal companies, visit our Data & Reports page.

Results of the report will be discussed at the 2011 Daily Deal Media Conference, the premier industry event for companies and investors in the Daily Deal market. The conference will be held September 8-9 in Chicago, and interested participants can register here.