WhaleShark Spears Another One

Austin-based WhaleShark Media has done it again. The coupon and deal site company announced today that it has raised $150 million to help it “aggressively expand its network of websites. This puts its total venture capital purse at $300 million. Their plan is to “go out and buy more online coupon and deal sites.” This business plan closely mirrors that of another Austin-based and slightly larger investment gathering company, HomeAway, which raised over $400 million before its recent IPO. HomeAway has also done much of its growing through buying other / smaller companies in its space.

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