In January we reported that LivingSocial, the social commerce business behind LivingSocial Deals and Facebook applications Visual Bookshelf and Pick Your Five, raised $5 million. In March we reported that LivingSocial raised $25 million. Just six weeks later LivingSocial has raised another £14 million.
The round, led by Lightspeed Venture Partners, also included U.S. Venture Partners, Grotech Ventures and Steve Case’s Revolution.
LivingSocial is to use the funds to expand its deals service into additional markets, starting with Portland, Orange County, Charlotte and Philadelphia.
Location: USA, Washington DC
Sectors: eRetail, Internet
- LivingSocial Raises $25 Million Posted on March 14, 2010
- LivingSocial raises $5 million to expand group-shopping deals Posted January 7, 2010