Wednesday, December 8, 2010

Foursquare 5 million users 25,000 new ones a day

Foursquare cofounder and chief executive Dennis Crowley just took the stage at Le Web, an Internet conference held in Paris, France, and noted the company now has 5 million users, is adding 25,000 new users daily, and is seeing than 2 million check-ins a day.
The company recently announced it was expanding with a full team of engineers in San Francisco, California. The hiring is taking place in part to handle the company’s monthly user growth of 30 percent. While the company noted it had more than 4.5 million users at that time, Crowley updated this number today to 5 million total users.
The New York City-based company, founded in 2009, has raised more than $21 million in funding and currently has close to 40 employees.

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