
The investment was led by Lightspeed Venture Partners, with U.S. Venture Partners, Grotech Ventures and Steve Case’s Revolution, LLC participating.
LivingSocial, which is behind LivingSocial Deals and Facebook applications Visual Bookshelf and Pick Your Five, will use the capital infusion to expand into additional markets.
The company is launching its Deals program in four new markets: Portland, Orange County, Charlotte and Philadelphia bringing LivingSocial live in 18 cities across the country with major plans to expand to dozens of markets throughout the year.
FinSMEs
29/04/2010