Collaborate Disseminate
Foursquare just made its first acquisition. The location tech company has acquired Placed from Snap Inc on the heels of a fresh $150 million investment led by the Raine Group. The terms of the deal were not disclosed. Placed founder and CEO David Shim will become President of Foursquare. Placed is the biggest competitor to […] Continue reading Foursquare buys Placed from Snap Inc. on the heels of $150M in new funding
Foursquare has today announced the partial close of a $33 million Series F financing, with $25 million already closed out and another $8 million inbound, according to the blog post. The round was co-led by Simon Ventures and Naver Corp, with participation from Union Square Ventures, an existing investor. Over the past four years, Foursquare […] Continue reading Foursquare picks up $33 million Series F investment
Foursquare’s business looks a whole lot different than it used to. New CEO Jeff Glueck and co-founder Dennis Crowley know it — and they still have a plan to hit $100 million in revenue, and profitability, in the next few years. They talked about some of their efforts, like focusing on building new tools for businesses that can help them grow, onstage at TechCrunch Disrupt… Read More Continue reading How Foursquare hopes to hit profitability