livefyre_screenshot[Techtaffy Newsdesk]

Livefyre has raised $15 million in funding, led by U.S. Venture Partners (USVP), and including existing investors Greycroft Partners, Cue Ball, HillsVen Group, and ff Venture Capital. This puts the company’s total funding raised to over $20 million till date.

Livefyre says it plans to accelerate product development in the mobile space. The company will also be dedicating more resources to its experimental products and the recently created Livefyre Labs, a R&D group within Livefyre.