Geolocation wars heat up: Gowalla raises $8.4 million
Could the geolocation wars be the next browser wars? Maybe. There's a fresh $8.4 million in venture funding for Gowalla, a game-like mobile app that lets you "check in" to locations around the world, see where your friends are, and swap virtual goods along the way.
The Series B funding round, announced Wednesday, is led by Greylock Partners with contributions from Shasta Ventures, Maples Investments, previous investors Alsop-Louie Partners and Founders Fund, and individual investors Ron Conway, Kevin Rose, Gary Vaynerchuk, Shervin Pishevar, Jason Calacanis, and Chris Sacca.
Interestingly, at least two of Gowalla's individual … Read more