Social Networking - Wednesday, July 23, 2008
Steve Case & Friends Invest $5M In Facebook App Maker Living Social
Washington DC doesn't have a lively tech startup scene but Steve Case looms over it. A local startup called LivingSocial.com has closed $5M+ in Series A . The round was led by Grotech Ventures which was joined by Steve and Jean Case.
Launched in February 2008, LivingSocial claims 6.4M beta users who have input 80M reviews of movies, books, music, games, restaurants and beers. The company has made headway by running in the apposite direction of AOL with its central portal strategy. LivingSocial has themed vertical websites like ReelSocial, ReadingSocial, TuneSocial, GamingSocial, DiningSocial and BrewSocial. These have apps on Facebook, MySpace, Bebo, Orkut and hi5.
The startup's CEO and co-founder Tim O'Shaughnessy was Consumer Products Lead at Revolution Health Group and before that was Product Manager at America Online. He was at both for 1 year 8 months His co-founder and CTO Aaron Batalion was at Revolution Health for 1 year 8 months. They founded LivingSocial 8 months back so we give this 8 months more.
View - site
More Recent Articles
Datacastle Raises $5.3M First For Laptop Theft Tools
Friday November 21, 2008
Datacastle, a Seattle-based startup that sells PC data protection, has raised $5.3M in Series A funding led by CM Capital Investments. DataCastle's data-protection software targets business laptops in, providing online backup, encryption, and reduct... Full Story
Can It Get Any Worse? Possibly…
Friday November 21, 2008
When the market opened this morning and immediately started into a death spiral, the staff at tech:stocker was convinced that the Dow would not be able to pull up. Unfortunately, we were right and our prediction of 8000 being the bottom was incorrec... Full Story
Categories
- Venture Capital (274)
- Advertising (385)
- Aircraft (15)
- Alternative Energy (217)
- ASP (38)
- Batteries (9)
- Biometrics (3)
- Communications (57)
- Digital Hollywood (16)
- Digital Home (33)
- eCommerce (402)
- Educational Software (22)
- eHealth (23)
- Email Software (5)
- Enterprise Software (230)
- Euro Ventures (80)
- File Sharing (21)
- Financial Software (26)
- Games (160)
- Hardware (44)
- Homeland Security (7)
- IMterviews (6)
- IPO (35)
- Jobs (40)
- Media (316)
- Nanotechnology (14)
- Networking (91)
- News & Updates (1384)
- Online (5)
- Peripherals (36)
- Photo Software (45)
- Publishing (7)
- RFID (3)
- Robots (15)
- Satellites (7)
- Search (190)
- Security (89)
- Semiconductors (70)
- Social Networking (387)
- Space (1)
- Sponsored Post (11)
- Storage (37)
- Tech stocks (69)
- Telecom Equipment (10)
- Video (206)
- Voice (64)
- Web 2.0 (109)
- Web Development (5)
- Where Are They Now (29)
- Wireless (352)
Post a comment