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This round is LivingSocial's Series D; it brings its total funding to date to $232 million.
LivingSocial says it will use the newly acquired funds for rapid global expansion. Today, LivingSocial has a strong presence in the U.S. and a growing user base in Canada, the U.K., Ireland and Australia.
Currently, the group-buying site is reporting average revenues of $1 million per day and anticipates pulling in more than $500 million in revenue in 2011. Plus, in 2010 alone, LivingSocial has raised $227 million dollars, making it a heavily financed and very formidable competitor in the space.