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Gilt Groupe Raising $40 Million At A Huge Valuation
Source: Silicon Alley Insider
Jul 01, 2009


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Summary


Who says the Internet is dead?


Our crack investigative reporting team has learned that Gilt Groupe, a New York-based private-sale ecommerce company, has signed a term sheet with General Atlantic and Matrix to raise about $40 million at about a $400 million valuation.


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