Foursquare Raises $35 Million In Series D Funding

New investors DJF Growth and Capital Group participated in the round. Barry Schuler, DFJ’s managing director, is joining Foursquare’s board of directors as part of the deal.

We’d love to be your preferred source for news.

Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks!

Add as Preferred Source

In April, the company raised $41 million in new debt funding. Foursquare has devoted some of these funds to new ventures as it seeks to monetize the site.

To learn more about Foursquare’s new funding, read the full blog post here. For more on Foursquare and the challenges it faces on the path to monetization, download our full report here.

“What’s Hot” is aggregated content. PYMNTS.com claims no responsibility for the accuracy of the content published by the original source.