LivingSocial raises $5 million to expand group-shopping deals

The Fusion Team have completed over 70 digital and media transactions for its private, corporate and private equity clients. For more information contact pkelly@fusioncorp.co.uk or visit our website
 
FUND RAISING 
Database Reference:  F231109-315
 
Business:  LivingSocial
Web:  http://livingsocial.com
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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