Foursquare has landed a new round of $20 million in second-round venture funding, with Silicon Valley’s Andreessen Horowitz leading the new investment, AllThingsD reported Tuesday.
The site reported last week that the deal was done, putting Foursquare at a $95 million pre-money valuation. The New York-based social location start-up’s second round includes current investors, Union Square Ventures and O’Reilly AlphaTech Ventures.
The funding officially puts to rest talks that Foursquare would be acquired by Yahoo! or Facebook.
Read more at AllThingsD.
