Groupon is not exactly hurting for cash. The deals site announced Monday that it has completed a $950 million round of financing, which it will use for international expansion, technology upgrades, and liquidity for employees and early investors.

"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 in a statement. "With their support, we will continue on our mission to change the way people shop locally and serve the world's local businesses."

Investors include Andreessen Horowitz, Battery Ventures, Greylock Partners, Kleiner Perkins Caufield & Byers, Mail.ru Group, Maverick Capital, Silver Lake, and Technology Crossover Ventures. Previous funding rounds were led by New Enterprise Associates, Accel Partners, and Mail.ru Group (formerly DST).

Allen & Company LLC was the company's financial advisor.

Rumors about a possible $950 million round of funding first cropped up in late December in a report from VC Experts. Days later, a Securities and Exchange Commission filing confirmed that Groupon had secured $500 million of that $950 million.

The news came several weeks after reports that Google was looking to buy Groupon. Reports originally put the deal at $2.5 billion, but that later skyrocketed to over $5 billion. By early December, however, talks between Google and Groupon reportedly crumbled.

Groupon made the announcement in a press release titled "Groupon Raises, Like, A Billion Dollars." As the company itself noted, 2010 was quite a year for the Groupon. It expanded from one to 35 cities, launched in 500 new markets, upped its subscriber numbers 2,500 percent to 50 million, and served up 100,000 deals from 58,000 local businesses.