Google Ventures backs Signpost, a community-powered shopping deals website formerly known as Postabon.

Signpost, a community-powered shopping deals website formerly known as Postabon, has raised an undisclosed amount from Google Ventures, the corporate venturing unit of the search engine group.

Signpost is also expanding from New York into Boston, Chicago, and San Francisco using the money from Google Ventures and the TechCrunch-reported $1m initial funding from venture capital firm Spark Capital.

Wesley Chan, a partner at Google Ventures, said: "Signpost’s community focus will enable new ways of discovering relevant deals from merchants and…

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