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May 31, 2019 04:30 am GMT

Foursquare buys Placed from Snap Inc. on the heels of $150M in new funding

Foursquare just made its first acquisition. The location tech company has acquired Placed from Snap Inc on the heels of a fresh $150 million investment led by the Raine Group. The terms of the deal were not disclosed. Placed founder and CEO David Shim will become President of Foursquare. Placed is the biggest competitor to […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/hnge4C9wKoc/

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