Daily Deals Alternative LocBox Raises $5.1 Million in First Round

San Francisco-based LocBox, which is developing a way to help local businesses retain and attract new customers, has raised $5.1 million in a first round of funding. Investors in the round include InterWest Partners, Google Ventures and 500Startups, with additional investments from several angels. LocBox’s platform helps businesses run marketing campaigns across email, Facebook, Twitter, SMS and Yelp from one dashboard.


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Nobody was excited about paying top dollar for a movie about WikiLeaks. A film about the origins of Pets.com would have done better.

— Gitesh Pandya of BoxOfficeGuru.com comments on the dreadful opening weekend box office numbers for “The Fifth Estate.”