Lightbank, the Chicago investment fund backed by Groupon's co-founders, today announced that is investing $5 million in Lifecrowd, a Santa Monica, Calif.-based startup that bills itself as a "social activities discovery site."
Lightbank is leading the investment round and will take a seat on Lifecrowd's board. Other participating investors include Bullpen Capital (founded by Paul Martino, the seed investor in social gaming pioneer Zynga), Baroda Ventures (seed investor in Fab.com) and Prism VentureWorks (seed investor in The Receivables Exchange).
You'll find more details on Crain's blog for Chicago entrepreneurs.
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For more news for Chicago entrepreneurs, follow Crain's small-business editor Ann Dwyer on Twitter: @AnnDwyer_Crains.
