[Reuters] Foursquare resorts to debt in latest financing

Posted by: UGN Security

[Reuters] Foursquare resorts to debt in latest financing - 04/11/13 01:39 PM

SAN FRANCISCO (Reuters) - Foursquare said on Thursday it raised $41 million in a new financing round that relied on debt, rather than equity, to give the location-based start-up the money it needs to keep expanding.