Big data start-up company Adku, founded by ex-Googlers, gets snapped up by GrouponGroupon has acquired Adku, an one-year-old start-up focusing on providing data to big retailers to make recommendations, for under $10 million. Adku, which raised $1.5 million from investors in January of last year from Greylock Partners, True Ventures, Battery Ventures and AngelPad for a pre-money valuation of $5.25 million, has been in stealth mode ever since launching in early March 2011. The San Francisco-based start-up was a graduate of AngelPad's inaugural accelerator class in the fall of 2010. "We started talking to Groupon about two months ago," said Carlos Whitt, co-founder of Adku, in an interview. "The idea was that they could be a potential client. But we realized there was a lot more we could do if we joined them." Whitt would ...
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