LivingSocial adds $30 million
July 6, 2011: 12:56 PM ET
LivingSocial hasn't filed for an IPO yet, but it does keep raising money on the private markets.
LivingSocial has picked up another $30 million in venture capital funding, according to a pair of regulatory filings. This comes amid talk that the daily deals site is considering an IPO, and just two months after it secured $400 million in Series E funding (half of which was used to partially cash out existing shareholders).
The first filing reports that LivingSocial raised $24.58 million in new equity from five investors, in an offering that began on June 21. The second reports $4.8 million in new equity from four investors, with the first securities sold on June 22. Both are signed by company president Eddie Frederick, and signed today.
No investors were identified.
LivingSocial previously raised over $630 million, including the $400 million Series E round. Investors include Amazon.com, Grotech Capital, Group, Lightspeed Venture Partners, Steve Case/Revolution, T. Rowe Price, Institutional Venture Partners and U.S. Venture Partners.
I've left a message with LivingSocial PR, and will update this post if they respond.
Update: TechCrunch reports that the new capital is related to a pair of international acquisitions.
