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June 25, 2011 12:25 am GMT
Foursquare has just closed one of the most secretive rounds of venture capital TechCrunch has seen.The company is raising $50 million, and all of it will go towards building out the company, no secondary sales here. The valuation had been rumored to be as high as $1 billion, but our sources say it settled out at $550 million pre-money, $600 million post.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/c9Z9FUVLv7o/
Foursquare Closes $50M at a $600M Valuation
Foursquare has just closed one of the most secretive rounds of venture capital TechCrunch has seen.The company is raising $50 million, and all of it will go towards building out the company, no secondary sales here. The valuation had been rumored to be as high as $1 billion, but our sources say it settled out at $550 million pre-money, $600 million post.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/c9Z9FUVLv7o/
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