Groupon Buys Local Database-Maker Hyperpublic
Groupon has acquired Hyperpublic, a New York-based start-up that provides location-based information developers can use to build their own applications. Hyperpublic, which raised a $1.15 million seed round in 2010, announced the deal on its own site, but didn’t disclose a purchase price. CEO Jordan Cooper says some of the company’s 10 employees will move on to Groupon, and that he’ll work for the daily deals company in some capacity. But he says he’ll also continue on at his other job, as a general partner at Lerer Ventures.