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FUND RAISING
Database Reference: F231109-277
Business: Gowella
Web: http://gowalla.com/
Location: USA, Austin, TX
Region: North America
Business description: Location-based social networking service. The Gowalla service is currently available on iPhone and Android.
Category: Social Network
Contact 1: Josh Williams, co-founder and CEO of Gowalla
Contact 2: David Thacker, Graylock Partners
Contact 3: Reid Hoffman, Graylock Partners
Investors: Silicon Valley-based venture capital firm Greylock Partners led the round. New investors joining this round include: Shasta Ventures, Maples Investments, Ron Conway, Kevin Rose, Gary Vaynerchuk, Shervin Pishevar, Jason Calacanis and Chris Sacca. Existing investors Alsop-Louie Partners and Founders Fund also participated in the round.
Round: Round B
Amount raised: $8,400,000
Details: Gowalla has completed a Series B funding round totaling $8.4 million. The capital infusion will be used to strengthen growth efforts and further enhance Gowalla’s development capability. Reid Hoffman, LinkedIn Co-Founder and Executive Chairman and Partner at Greylock, will join Gowalla as a board observer. With this latest funding, Gowalla has now raised more than $10 million since it was founded in 2007.
Link: Press Release
Fusion Corporate Partners 
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