Local Deal Finder "Find & Save" App Raises $14.5 Million in Fourth Round of Funding - Investing News | Financial Buzz

Local Deal Finder “Find & Save” App Raises $14.5 Million in Fourth Round of Funding

Wanderful Media, Coupon, CaliforniaWhat’s not to love about an app that brings you the digital version of the famous inserts and circulars (advertising inserts that come with coupons from local retailers) distributed by newspapers on Sundays, right? Free gifts, best deals, coupons – the reasons why folks look forward to these Sunday circulars are numerous. That is why backers are donating money rather generously to the developers of the Find & Save app.

Developed by the online shopping discovery company Wanderful Media, the Find & Save app that brings Sunday circulars online, has raised $14.5 million from backers in its additional funding round.

Wanderful Media ravages up money the fourth time in two years

The $14.5 million collected in additional funding takes Wanderful Media’s total to over $50 million. It was the fourth round of fund-collections the company received from backers. The California-based start-up, which headquarters in Los Gatos, has flourishing partnerships with the major Newspapers in the US, which helps it bring circulars from major newspapers on a central, online platform.

This includes, the shopping segments of newspapers in 250 markets, including all the 50 Designated Market Areas (DMAs) that make up the leading 50 DMAs in the nation. The company hosts an extensive collection of sales offers posted by close to 400 retailing giants, for their local stores. The company estimates representing over 150,000 local stores on its website and the offers featured on leading newspapers, like the San Francisco Chronicle.

Flagship product – the  Find & Save app

The company runs Find & Save in two mediums – the FindnSave.com website and the Find & Save app. The website is optimized for mobile, PC and tablet users, while the dedicated app can be used by the consumers on their iOS and Android devices. The company, which touts as the one that makes bargain hunting easy allows online shoppers flip through items, deals and discounts provided by the stores in their locality.

According to Wanderful Media, its partnership with newspaper sites across the country as well as listings of close to 18,000 top brands like Apple (NASDAQ: AAPL), Sony (NYSE: SNE), Nike (NYSE: NKE), Disney (NYSE: DIS), Coach (NYSE: COH), Revlon (NYSE: REV) and Ray Ban (NYSE: LUX) to name a few, has made it easier than ever for consumers to find great local deals. He accredits the success of four funding rounds to the same features. The iPhone, iPad and Android apps are picking up in popularity quickly, and the company boasts investments from some of the biggest names in the media industry including Community Newspaper Holdings, Lee Enterprises (NYSE: LEE), McClatchy (NYSE: MNI), Cox, A.H. Belo (NYSE: AHC), GateHouse and Gannett (NYSE: GCI).