Tuesday, July 22, 2008

LivingSocial enables you to catalog your interests, browse what your friends enjoy, and find others with similar tastes

What Company Is Offering:

LivingSocial enables you to catalog your interests, browse what your friends enjoy, and find others with similar tastes. LivingSocial is now helping more than 6.4 million users catalogue their interests, seamlessly integrating with Facebook, MySpace, Bebo, hi5, and Orkut.


How Much They Got From VCs:

LivingSocial.com, a social discovery and cataloging network for reviewing and sharing common interests, today announced the company has closed more than $5 million in Series A funding. The round was led by Grotech Ventures and includes a personal investment from Steve and Jean Case. Since launching in February 2008, 6.4 million beta users have catalogued more than 80 million reviews of movies, books, music, games, restaurants and beers.

LivingSocial lets users manage and catalogue their interests and share reviews with peers across its themed vertical websites ReelSocial, ReadingSocial, TuneSocial, GamingSocial, DiningSocial and BrewSocial. Once posted on LivingSocial.com, users’ catalogued items and reviews are seamlessly integrated and easily accessed across top social networks, including Facebook, MySpace, Bebo, Orkut and hi5. With their first round of funding, the company is poised for aggressive user acquisition – continuing momentum from the significant growth achieved since its beta launch.

More at:http://www.livingsocial.com/

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