Location-based social media network Foursquare has raised $35 million in Series D funding, the company announced in a December 19 blog post.
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.
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.
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