LivingSocial Raises $110 Million in Funding

February 20, 2013

5:03 pm

DC-based daily deals site LivingSocial has raised an additional $110 million in funding from some of their current investors. This information comes from a memo from CEO Tim O’Shaughnessy to employees. “We have an aggressive roadmap for profitability and expansion this year,” he wrote. “This new investment does not change our plans to reach profitability.”

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