LivingSocial Raises $25 Million In Series B Round

D.C.-based LivingSocial has raided $25 million in a series B round, with an emphasis on their LivingSocial Deals product as a continued source of revenue growth. The round was led by U.S. Venture Partners, with Grotech Ventures and Steve Case’s Revolution, LLC participating as well. The company is also announcing the expansion of LivingSocial Deals into four more cities: Chicago, Denver, Raleigh Durham, and San Diego.

While the company is one of the leading Facebook application developers, LivingSocial shifted their focus to their deals product over the past few months and the change in strategy has been paying off.