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Foursquare makes room for new CEO

2016-01-15 09:19:00| Telecompaper Headlines

(Telecompaper) Foursquare co-founder and CEO Dennis Crowley will step down from his role and become executive chairman. Crowley will be succeeded by Jeff Glueck, who has served as COO for the past year. The company has in addition promoted chief revenue office Steven Rosenblatt to president, Kinkil Mathur to CMO and Jonathan Crowley to VP Product. Foursquare also announced it raised USD 45 million in its latest funding round, led by Union Square Ventures, with major participation from new outside investors including Morgan Stanley Alternative Investment Partners, as well as previous investors including DFJ Growth, Andreessen Horowitz and Spark Capital.

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