Location companion and check-in app Foursquare raises $35m series D funding from venture capital investors DFJ Growth and Capital Group.
Foursquare, a US-based, location-based marketing app, has raised $35m series D funding from venture capital investors DFJ Growth and Capital Group, via their Smallcap World Fund.
Foursquare’s existing investors include Union Square Ventures, O’Reilly AlphaTech Ventures, Andreessen Horowitz, Spark Capital and angel investors.
The funds will be used to grow sales and engineering.
Barry Schuler, managing director of DFJ Growth and former chief executive officer of AOL, who has joined the board of Foursquare, said: “Foursquare has pioneered the category…
