Foursquare Gets $45M And A New CEO To Build Out Enterprise Business

Foursquare has been a fantastic idea in search of a business plan for as long as it’s been alive. Efforts to monetize the platform via ads in its app (now apps) have not made the grade. Now, the last of the cool standalone Web 2.0 companies has a new hit revenue stream in its business and enterprise location services and it’s looking to capitalize on that with some restructuring and new funding.