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Kamis, 19 Desember 2013

Foursquare Raises Another $35 Million

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Foursquare Raises Another $35 Million

Mr.-crowley
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Foursquare has raised another $ 35 million in a Series D round of funding, the company announced Thursday.

The new round, which was first reported by AllThingsD, comes less than a year after it raised a $ 41 million financing round and brings the company's total financing to nearly $ 150 million. It also gives it a valuation of "just over" $ 600 million, according to the report.

Foursquare has been trying to prove that it can create a sustainable business, as reports at the end of 2012 suggested investors were worried about the company's user growth and monetization strategy. In recent months, Foursquare has expanded its ad offerings. Read more...

More about Funding, Foursquare, and Business Mashable

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