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All-stock deal for the geolocation startup is estimated to be worth $3.5 million.
Nearly a quarter of the staff of the geolocation start-up now consists of former Digg employees, including co-founder Joe Stump.
CNET learns that the Series A round, which closed late last week, was led by First Round Capital and includes contributions from prominent Valley angel investors.
Start-up hopes to make it easy to bring location-aware features to any Web or mobile service--but we haven't seen it in action yet.
Strategic investors Verizon and Salesforce.com lead funding round for the mobile notifications provider.
Google and other major Internet companies have already picked the low-hanging fruit in mobile advertising, and now they're gearing up for an even more robust harvest: the local market.
Lugging around a MacBook is totally passe at this year's installment of the annual geek fest--but don't worry, PC makers, it's going to be awhile before the rest of the world follows suit.
Annual geek-culture confab has gotten so big that wide-eyed young start-ups thinking it's their ticket to fame may find it's like hoping to get a record deal by showing up at Coachella with a guitar.
After its launch of the "Version 4" redesign proved disastrous, Digg has laid off about 37 percent of its staffers and promises to refocus on product and profitability.
Are the location wars still raging? Gowalla, which some critics say has totally lost the battle with Foursquare, just inked two new promotional deals.