April 07 - 11:04
56D
Foursquare and Factual join forces to create location data leader
Foursquare and Factual have merged, creating what they say is the "world's leading independent location technology platform". The combination of Foursquare and Factual generated more than $150 million in revenue last year, in more than 20 global markets. Foursquare CEO will remain in his position, while Factual founder Gil Elbaz will join Foursquare co-founder Dennis Crowley on the executive team.
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