Foursquare Reach USD 431 Bilion Investment

Posted by Sinauw on Saturday, 25 June 2011

Sinauw, Foursquare, a
provider of location-
based services, raise funds of around USD 50 million.
The company's valuation is now estimated at
USD 600 million.

Similarly, quoted by Reuters on Saturday (06/25/2011). These investments are
carried out by
Horowitz, O'Reilly
AlphaTech Ventures,
Union Square
Ventures and Spark Capital.

"We are happy to
announce the
completion of each round of funding that
will allow us to hire more engineers,
merchants enhance
offerings and
expansion," said CEO and founder of Foursquare Dennis Crowley.

In Indonesia Foursquare, could cause a fever check-
in. The service
competes with
similar services such as Logo, the service
is now made in
Indonesian children who swallow Yahoo.