Swagbucks Raises $60 Million as Investors Pile Into Web Coupons

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Investors are pouring money into online coupons.

Two months after Coupons.com Inc. raised $193.2 million in an initial public offering, Web discount purveyor Swagbucks is tapping institutional investors for the first time. The company said today that it reeled in $60 million from Technology Crossover Ventures.