LivingSocial Raises An Additional $5 Million

D.C. based LivingSocial has raised an additional $5 million according to SEC documents uncovered by VentureBeat. The new round is a follow-on to the round first raised last July. The company has continued iterating on their product design, including their iPhone application and is focusing on expanding its group-buying deals service “Deals of the Day” that was launched over the summer.

The latest funding appears to be the company doubling down as it’s the same investors from before (Grotech Ventures, Steve Case and Jean Case) and LivingSocial’s current CEO Tim O’Shaughnessy became an investor as well.