Foursquare Raises $35 Million In Series D Funding

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.

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.

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