Foursquare's New $41M Round Helps It Delay Tricky Questions About Its Valuation

Foursquare, the social, location-based check-in app that has been pivoting into becoming a more of platform for local search, has finally closed its Series D round of funding. Foursquare tells TechCrunch that it is $41 million, led by Silver Lake Partners in the form of a multi-year loan from the Silver Lake Waterman growth debt fund; and convertible debt from existing investors Andreessen Horowitz, Union Square Ventures, O?Reilly AlphaTech Ventures, and Spark Capital. It takes the total raised in the company to an eye-watering $112.4 million.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/DXYo85lh1LA/

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