Foursquare Closes $33 Million Funding Round, Aiming to ‘Refine’ Its Products

The company says over 150,000 developers are currently using its location data

Foursquare closed a $33 million Series F equity funding round led by Simon Ventures, Naver and longtime backer Union Square Ventures. The company said the first close of $25 million took place last Friday, and it anticipates a secondary close with the remaining $8 million by year-end.