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Summary:

FourSquare, the startup behind the popular LBS mobile application of the same name, has received $1.35 million in first round funding led by Union Square Ventures and including O’Reilly AlphaTech Ventures. Union Square Ventures is also an investor in Twitter, which is launching its own LBS […]

foursquareFourSquare, the startup behind the popular LBS mobile application of the same name, has received $1.35 million in first round funding led by Union Square Ventures and including O’Reilly AlphaTech Ventures. Union Square Ventures is also an investor in Twitter, which is launching its own LBS feature in the coming weeks.

FourSquare lets iPhone and Android mobile users “check in” and notify friends when they get to a certain location, such as a restaurant or bar; the app also includes game mechanics. The NYC-based startup was founded by Dennis Crowley, who was behind Dodgeball, a similar mobile software service that was acquired by Google in 2005.

The mobile LBS trend will be featured at our upcoming Mobilize 09 conference.

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  1. Natalie Michelson Tuesday, September 8, 2009

    This is great to hear. I’m excited to see FourSquare develop and more businesses start getting in on it. I think Twitter has a lot of potential to do some really cool things on a local level and as of yet, few have really tapped into it…

  2. Aloqa’s LBS iPhone App Just Misses the Mark Monday, October 12, 2009

    [...] | Monday, October 12, 2009 | 5:20 PM PT | 0 comments | 0 tweets retweet » From Loopt to FourSquare, it seems like every mobile-focused startup these days wants to hop on board the location-based [...]

  3. Gowalla vs. FourSquare: Who Will Win? Wednesday, October 14, 2009

    [...] Martinez | Wednesday, October 14, 2009 | 5:36 PM PT | 0 comments | 0 tweets retweet » FourSquare, the location-based mobile application game that launched back in March, has been getting a lot of [...]

  4. Why I Love Foursquare – GigaOM Tuesday, November 24, 2009

    [...] which has received $1.35 million in funding from Union Square Ventures (and others), launched back in March in a handful of U.S. cities. Then [...]

  5. Everybody Loves Geo: Gowalla Adds $8.4M – GigaOM Wednesday, December 9, 2009

    [...] Gowalla needs. Direct competitor Foursquare, which said it had 60,000 users in October, has just $1.35 million in funding. CNET astutely notes that Gowalla even shares some investors with Foursquare, as well as [...]

  6. Foursquare Turns 1 With Half a Million Users | AniChaos.com Thursday, March 11, 2010

    [...] further loyalty, it is offering temporary tattoo badges at this year’s SXSW). Foursquare raised $1.35 million in September and continues to be actively pursued by [...]

  7. React. Adapt. | FourSquare: Location-based apps will soon rule the earth | Trends | React. Adapt. Monday, June 7, 2010

    [...] at SXSW in 2009, Foursquare has already gained enough momentum in the US to attract $1.35million investment from Union Square, who have previously put their faith (and their cash) in [...]

  8. Foursquare Finally Raises Funding Tuesday, June 29, 2010

    [...] had previously raised $1.35 million led by Union Square Ventures and including O’Reilly AlphaTech [...]

  9. Foursquare Tips and Tricks | Social Media Marketing Agency Monday, November 15, 2010

    [...] bandwagon. But to those I say: Foursquare isn’t new anymore. It has received plenty of publicity, significant funding and significant partnerships in the media. Even if Foursquare goes away, location-based and mobile [...]

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