Tuesday, January 27, 2015

Money Mailer Gets Funding Round

Garden Grove-based Money Mailer, the decidedly old-school provider of coupons via snail mail, has scored a funding round from investment firm Babson Capital Management, the two said Monday. Size of the investment was not disclosed. Money Mailer was founded in 1979, and offers up local coupons and discounts using a network of 180 franchisees. The companies said the funding goes to provide liquidity to Money Mailer's shareholders, and support growth of the company.

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