Lightspeed Leads New VC Round for LivingSocial

LivingSocial.com, a Washington, D.C.-based social discovery and cataloging network, has raised $14 million in Series C funding. Lightspeed Venture Partners led the round, and was joined by return backers U.S. Venture Partners, Grotech Ventures and Revolution LLC. The company previously raised $30 million, including a $25 million Series B round last month.

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