RetailMeNot

RetailMeNot Raises $87M

April 9, 2013 by Nathan Smith

Austin based online coupon supplier ReatilMeNot has raised $87 million in financing. The financing comes from 11 investors, and is in addition to $150 million funding it receiving in 2011 from three investors.

Founded in 2007, RetailMeNot provides discount coupons for retailers. The company employs 330 workers in Austin. Company executives have considered an initial public offering, and so far have enlisted three investment banks to help the company prepare for an IPO.

WhaleShark Media is now RetailMeNot

March 13, 2013 by Nathan Smith

Austin-based online coupon supplier WhaleShark Media is renaming itself after the company’s biggest brand – RetailMeNot. RetailMeNot, the company’s most popular digital coupon site, will now be the company’s new name according to their most recent news release.

The company is also making maneuvers to go public – the company has recently enlisted three separte investment banks to prepare for an initial public offering. The estimated timeline for the IPO is unclear at this time.