Friday, September 9, 2011

EBates Rolls Up Coupon Sites FatWallet, AnyCoupons

San Francisco-based Ebates said today that it has create a new company called Performance Marketing Brands, and acquired shopping site FatWallet.com and coupon site AnyCoupons.com. Financial terms of the acquisition were not disclosed. EBates said the move will create one of the largest, independent shopping rewards companies. Ebates said the move was funded by August Capital, Cannan Partners, Foundation Capital and Silicon Valley Bank. Details on the size of the funding was not annouced by the company.