Controversial

Shopmium Raises $5.6 Million For Coupon Discovery App

French coupon advertising platform Shopmium ended its Series B funding round with $5.6 million in capital, according to TechCrunch. The money came from investors including Accel Partners, ISAI and Ventech, which added to Shopmium’s undisclosed seed funding earnings.

Shopmium’s CEO said the startup plans to bring its discovery apps to two new markets by the end of 2014. The 18-month-old company currently has more than 500,00 users and has worked with 140 brands.

Read the full report here.

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