×

Once registered, you can:

  • - Read additional free articles each month
  • - Comment on articles and featured creative work
  • - Get our curated newsletters delivered to your inbox

By registering you agree to our privacy policy, terms & conditions and to receive occasional emails from Ad Age. You may unsubscribe at any time.

Are you a print subscriber? Activate your account.

BtoB

LivingSocial to seek $200 million infusion from investors

Published on .

Washington, D.C.—Daily deals service LivingSocial is looking to raise about $200 million from current and new investors to better vie with rival Groupon, according to The New York Times and other sources. Current investors include Amazon.com, Grotech Ventures and U.S. Venture, as well as AOL founder Steve Case. Last spring, LivingSocial raised $400 million in its most recent round of funding, adding to the $175 million the company gained in December 2010 from Amazon.com. LivingSocial has said it anticipates being in 400 markets by the end of this year.
Most Popular
In this article: