Groupon Founders Invest $1 Million In Qwiki

Two of Groupon's co-founders, Brad Keywell, Eric Lefkofsky have invested $1 million in Qwiki, write the New York Times DealBook.

Qwiki is a technology platform that uses data to create multimedia presentations,, and was started by Dr. Louis Monier, a founder of AltaVista.

In an email sent to DealBook, Keywell wrote, "We believe that the Qwiki platform is unique and valuable in many respects, and look forward to helping the management team identify the most promising opportunities. Qwiki solves the problem of declining relevancy for traditional content as users migrate toward rich media as their default method for consuming information. Qwiki's solution becomes especially important as media consumption moves off the desktop and onto mobile devices, an area we've been particularly focused on."

Groupon is expected to file an IPO sometime this year, and could be worth as much as $25 billion.