Foursquare is expected to land a venture boost

06/28/2010 | Wall Street Journal, The

Foursquare, a location-based social-networking service with 1.7 million members, could announce this week details of an injection of venture capital that would enable the company to expand its services. The investment group is being led by Andreessen Horowitz. Yahoo! and Facebook have reportedly made efforts to acquire Foursquare.

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