LivingSocial raises $25 million
Posted by Paul in Tools, Venture capital, Web 2.0, business on March 12, 2010
LivingSocial, the Groupon competitor, has announced that they’ve raised $25 million in Venture Capital series B round from U.S. Venture Partners, Grotech Ventures, and Revolution, LLC.
LivingSocial are best known for their Facebook apps like Visual Bookshelf, Pick Your 5, and Polls. They’re now moving into deals and daily deals market, which is dominated by Groupon, which recently announced that they’ve raised $30 million.

Twitter has added new security features to its systems in order to fight an increasingly aggressive phishing threat. Twitter will scan each link for malicious destinations, as they put it in a blog post: “routing all links submitted to Twitter through this new service … even if a bad link is already sent out in an email notification and somebody clicks on it, we’ll be able keep that user safe.” For starters, Twitter will start using its own URL shortening service “twt.tl” for DMs and email notifications.
After being rumored for a while, Google has
Yahoo’s popular Contacts service has added Facebook connect as a standard feature now, and Facebook connect will almost take over the whole process now, with easy import of friends and their details from Facebook.
WordPress has just given a great, new feature to the over 10 million blogs it hosts on WordPress.com. The new feature, called PuSH, short for Pubsubhubbub, is a protocol to speed up RSS feeds and new posts.
Norwegian browser maker Opera has released version 10.5 of their Opera browser, the company claims that it’s the “fastest browser in the world”. The browser can be downloaded
Google’s Chrome browser continues its growth over the competitors, according to latest numbers. In January, Chrome grew as well while Firefox and Internet Explorer declined, and it’s the same situation for February as well, where Chrome 