Additionally, the startup has also talked to potential acquirers which suggests that management and current investors may be ready to sell rather than continue to raise money through funding rounds.
Investors include the usual suspects like DFJ Growth, Microsoft, Silver Lake Partners, Spark Capital, Union Square Ventures and Andreessen Horowitz.
Overall, Foursquare has raised $120 million (including the new round) since launch in 2009 and the company currently has 50 million active users.
Source:
Recode
Written by: Andre Yoskowitz @ 24 Dec 2015 17:44
