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eCommerce - Monday, March 15, 2010

Open Source eCommerce's Magento Raises $22.5M

Thumb LA's Magento Commerce (aka Varien) has raised $22.5M in an equity funding round, according to a regulatory filing. Source of the new funding was not disclosed. Launched on March 2008, Magento was created by Varien, building on components of the open... Full Story

eCommerce - Thursday, March 11, 2010

LivingSocial Group Buying Raises $25M For City Expansion

Thumb LivingSocial.com out of Washington, D.C. has raised $25M in Series B led by U.S. Venture Partners with return backers Grotech Ventures and Steve Case’s Revolution LLC. The company previously raised a $5M Series A round. LivingSocial has a few prod... Full Story

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