Jan 11, 2011 09:24 GMT  ·  By

Groupon has confirmed its latest round of funding and to say it's huge is an understatement. About the time Facebook is turning heads raising $500 million, Groupon comes with a $950 million round, albeit at a reportedly significantly smaller valuation of $4.75 billion.

Right after rejecting Google's rumored $6 billion offer, it was revealed that Groupon was working on raising a huge amount of money from existing and new investors.

Later it was revealed that it had already completed half of the round, indicating the huge interest in the company. Groupon has now confirmed the round and listed all of the investors as well as some growth numbers for the previous year.

Investors in this monster round are Andreessen Horowitz, Battery Ventures, DST, Greylock Partners, Kleiner Perkins Caufield & Byers, Maverick Capital, Silver Lake and Technology Crossover Ventures.

Previous investors that, apparently, didn't participate in this round are New Enterprise Associates Accel Partners and, in a way, Mail.ru Group.

Mail.ru Group is the new publicly listed company spun-off from DST, which is still private and handles mostly international investments. Mail.ru Group owns a stake in Groupon.

"We’re thrilled that Groupon has earned the confidence of some of the world’s most respected investment firms," Andrew Mason, founder and CEO of Groupon, said.

"With their support, we will continue on our mission to change the way people shop locally and serve the world’s local businesses," he added in the press release titled "Groupon Raises, Like, A Billion Dollars."

Groupon has had a full year in 2010, expanding to 35 countries, from just the US, and to about 500 markets. Meanwhile, 50 million people are now subscribed to one of Groupon's mailing lists, up from two million at the start of year.

The company is said to be making quite a bit of money, but it isn't enough to fuel the kind of growth it had in 2010. The new funding should help with that.