Foursquare Secures $15,000,000 New Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9fe73480-105e-4fce-866f-501c04b4df86
Date
2/4/2014
Company Name
Foursquare
Mailing Address
568 Broadway 10th Floor New York, NY 10012
Company Description
We’re all about helping you find new ways to explore the city. We’ll help you meet up with your friends and let you earn points and unlock badges for discovering new places, doing new things and meeting new people.
Website
http://www.foursquare.com
Transaction Type
Venture Equity
Transaction Amount
$15,000,000
Transaction Round
Undisclosed
Proceeds Purposes
Microsoft will gain access to a few key tools, including the startups’s dataset and the passive location technology that is currently driving the startup’s new smart product.
M&A Terms
Venture Investor
Microsoft Ventures