LivingSocial raises $5 million to expand group-shopping deals

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Database Reference:  F231109-315
Business:  LivingSocial
Location:  USA, Washington D.C
Region:  North America
Business description:  Description: Lets people review and share books, movies, restaurants and other types of entertainment
Category: Reviews
Contact 1:  Tim O’Shaughnessy, CEO and Co-founder
Contact 2:  Eddie Frederick, President and Co-founder
Contact 3:  Aaron Batalion, CTO and Co-founder
Contact 4:  Val Aleksenko, CIO and Co-founder
Investors:  Grotech Ventures, AOL co-founder Steve Case and Jean Case. LivingSocial’s CEO Tim O’Shaughnessy
Amount raised:  $5,000,000
Details:  The company plans to use the money to expand its group-buying deals.
Link:  VentureBeat

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