Foursquare Raises $20 Million

July 1st, 2010 by Arjan Olsder Posted in Companies & M&A | No Comments »

Foursquare has announced a new round of funding in which the company received $20 million. Primary investors for this round of funding were Union Square Ventures, O’Reilly AlphaTech Ventures and Andreessen Horowitz.

The money will mainly be invested in the company’s technical department. The company currently holds 27 employees and is likely to staff-up on short notice.

Tags: Foursquare . Funding . Investment
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