Foursquare bounces back with $35 million in new funding

Foursquare bounces back with $35 million in new fundingNew York startup Foursquare is something of the odd man out among the big-name social networks that came of age on the cusp of the smartphone era. It helped pioneer the concept of checking in to locales, a feature later copied by Facebook, Google, and others. But it never managed to enter the mainstream in the same way as peers like Twitter, LinkedIn and Facebook. But today, the company has announced a new round of venture financing, $35 million, a sign that investors are once again feeling positive about Foursquare's prospects.

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Foursquare bounces back with $35 million in new funding

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