Tech Company Financing Transactions
LivingSocial Funding Round
LivingSocial, based in Washington, secured $110 million in funding from private investors.
Transaction Overview
Company Name
Announced On
2/20/2013
Transaction Type
Venture Equity
Amount
$110,000,000
Round
Undisclosed
Investors
Proceeds Purpose
We have an aggressive roadmap for profitability and expansion this year, and those plans include increased investment in areas like marketing, technologies, and mobile. This new investment round will allow us to dedicate the resources we need, while also building a significant cash reserve against unanticipated events or bumps in the road.
Company Information
Company Status
Acquired or Merged
Industry
Internet & IoT
Mailing Address
1445 New York Ave NW 200
Washington, DC 20005
USA
Washington, DC 20005
USA
Phone
Website
Email Address
Overview
LivingSocial.com is a social discovery and cataloging network that allows people to review and share their favorite movies, books, games, music, restaurants and beer.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Gautam Thakar
Chief Financial Officer
Atul Kavthekar
Chief Information Officer
Val Aleksenko
VP - Engineering
Ryan Owens
VP - General Counsel
Jim Bramson
VP - Human Resources
Colleen Wood
VP - Operations
Kim Meehan
VP - Product Management
Nick Macey
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Where The Data Comes From
Our team works diligently to record all VC transactions involving tech companies. VC transactions reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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