Groupon founders choose NYC for Lightbank’s second office

When it came time for VC firm Lightbank to open its first office outside of Chicago, its partners -- including Groupon founders Brad Keywell and Eric Lefkofsky -- looked east to New York City, instead of Silicon Valley.

Battle Bears creator SkyVu raises venture round for brand expansion (exclusive)

The mobile gaming gold rush lives on: SkyVu raises a round from venture firm Lightbank and others.

Groupon founders pump a couple million into a quiet, bank-making LA startup

You may not have heard much about Eventup, the Los Angeles-based marketplace for event venues. But Lightbank, the investment vehicle of Groupon founders Eric Lefkofsky and Brad Keywell, just led a $1.8 million seed round for the company.

Eventup‘s provenance …

Social events marketplace Lifecrowd raises $5M from Lightbank, Bullpen, others

Social events startup Lifecrowd has raised $5 million in its first round of funding, with a goal to expand its evolving marketplace that connects like-minded users connect at nearby events, the company announced Thursday.

The service has come a long …

Groupon co-founders invest $1M-plus into an anti-Groupon: Belly

Belly, a loyalty and customer rewards program for small and medium sized businesses, launched today in Chicago, announcing it has received more than $1 million in seed capital from Lightbank, the firm owned by the co-founders of Groupon.

In a …

Demo: DailyDigital enables artists with Facebook and web storefronts

One of the biggest problems independent musicians, photographers, and filmmakers face is finding ways to sell their art. Without a company behind you, you can only do so much. DailyDigital wants to help solve that problem by providing an easy …

Needle sales chat gets big name retailer, looks for new funding (exclusive)

Needle, a crowdsourced sales chat service, announced it has partnered with retailers SkullCandy and Under Armour.

Online shopping has become a staple of our consumer life. Sites like Amazon and eBay reported positive third quarter financial earnings, with Amazon reaching …

Mobile app WhosHere raises $1.25M for location-based social networking

The maker of social location-based service WhosHere has closed a $1.25 million first round of institutional funding.

WhosHere is an iOS app for location-based social networking. Offering users the promise that they can “meet nearby people,” the app also allows …