Foursquare Lands $45,000,000 New Financing

  • Feed Type
  • Date
    1/14/2016
  • Company Name
    Foursquare
  • Mailing Address
    568 Broadway 10th Floor New York, NY 10012 USA
  • 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
    $45,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    “The $45 million will really allow us to take advantage of the demand that’s out there,” Chief Revenue Officer Steven Rosenblatt said, adding that Foursquare currently works with one third of Fortune 500 companies. “They’re really excited for us to scale the business we have at hand.”
  • M&A Terms
  • Venture Investor
    Union Square Ventures
  • Venture Investor
    Morgan Stanley Venture Partners
  • Venture Investor
    DFJ Growth
  • Venture Investor
    Andreessen Horowitz
  • Venture Investor
    Spark Capital