Foursquare raises $41 million

04/10/2013 | Bloomberg Businessweek · VentureBeat

Location-based services firm Foursquare earned a vote of confidence this month with a $41 million injection from a group of private-equity firms, cash that will buy the social media application startup time to expand. The investment also puts off a market debate on Foursquare's true value after it took in just $2 million in revenue last year. Foursquare also introduced an iOS update on Wednesday with an app that emphasizes the service's shift to focusing on discovering and recommending sites.

View Full Article in:

Bloomberg Businessweek · VentureBeat

Published in Briefs:

SmartBrief Job Listings for Media

Job Title Company Location
Director of Product Management
comScore, Inc
Reston, VA
Director of Account Management
Adelphic
New York, NY
Digital Ad Operations Trafficker
A+E Networks
New York, NY
Mobile App Acquisition Manager
Publishers Clearing House
New York City & Port Washington, NY
Senior Product Manager - Mobile
Publishers Clearing House
New York, NY