Bloomspot Gets Big Boost

Deals site receives $40 million in funding

With everyone from Google to American Express doing daily deals, it seems sites would have a hard time setting themselves apart. But Bloomspot, which claims it has a model based on success for both merchants and customers, now has a whole slew of investors who believe it can do so.

The company has recently been injected with $40 million in funding, reports TechCrunch, including a $35 million Series B round of funding co-led by InterWest Partners and Columbia Capital, and boasting investors like former Expedia CEO Erik Blachford, and former Sirius XM chairman and CEO Gary Parsons.

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