- Gowalla — a location-based social media service company — announced that it has raised $4 million in funding. These are the details.
Gowalla — a location-based social media service company — announced that it has raised $4 million in funding, according to TechCrunch. This seed round of funding was co-led by GV and Spark Capital. And other investors who joined include Niantic, Upside Partnership, Otherwise Fund, Capital Factory, Form Capital, and several angels like April Underwood, Leah Culver, Jason Calacanis, John Lilly, Scott Belsky, Dennis Crowley, and Dave and Brit Morin of Offline Ventures.
The company had launched back in 2009 as a rival to Foursquare. Gowalla then raised over $10 million before the app lost traction and the team behind the company was hired by Facebook.
Gowalla co-founder Josh Williams revived the app since then along with new co-founder Patrick Piemonte. The new plan is inspired by the social elements of TikTok and platform elements of Roblox.
The official launch of the new app is expected to happen in the next few months. And it will be opened up for beta in the early summer.
