Scoop: BuyWithMe to Seek VC Bucks Amid M&A Spree

Daily deals website BuyWithMe.com will conduct a new round of fundraising in the next few months, according to a senior source.

BuyWithMe has big competitors, clearly: Groupon raised $950 million earlier this year after spurning a Google offer and it is expected to raise about $750 million more through its IPO; LivingSocial took in nearly $600 million across two rounds of fundraising in six months’ time.

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