Foursquare checks in with $45 mln financing

Jeff Glueck, the newly appointed CEO of New York-based Foursquare, announced via a Medium post this afternoon that the company has raised $45 million in equity funding led by Union Square Ventures. Other investors included Morgan Stanley Alternative Investment Partners, DFJ Growth, Andreessen Horowitz and Spark Capital. In addition, co-founder and CEO Dennis Crowley is moving to an executive chairman position, following the CEO appointment of Glueck, who had been serving as COO.

15 January 2016•1 min read
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