More on LivingSocial's latest funding round: While the company has only sold $176M in securities...

|By:, SA News Editor

More on LivingSocial's latest funding round: While the company has only sold $176M in securities thus far, it's lined up the full $400M in funding it's looking to obtain, according to a Bloomberg source. The round is said to value LivingSocial at $6B; following today's rally (perhaps aided by news of the LivingSocial round), Groupon (GRPN +9.9%) has a market cap of $13.5B.