Ball in Foursquare's court with $1.35 million round

picture-5Location-based social network Foursquare, which has attracted buzz for making nightlife like a game, raised $1.35 million from Union Square Ventures and O’Reilly AlphaTech Ventures.

Co-founder Dennis Crowley, who was also behind a similar service called Dodgeball that Google acquired, said there were other angel investors he would reveal next week. This is Foursquare’s first round.

In Foursquare, you “check-in” to places like restaurants and bars through the startup’s iPhone or Android apps. Check-in enough times at a place and you earn badges. You can also create lists of places to go for sharing with others and record where you’ve been.

Here’s Foursquare’s SEC filing (from PaidContent):


http://d.scribd.com/ScribdViewer.swf?document_id=19434820&access_key=key-bvk2uh7cg87ii9pebb1&page=1&version=1&viewMode=

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About the Author,

Kim-Mai covered social networking for VentureBeat until July 2010. To reach VentureBeat's current writers, email tips@venturebeat.com.

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