Foursquare Raises $41 mil. via Debt Prior to Big Summer Ad Push

This financing structure, which doesn’t require Foursquare to increase the equity portion of it’s balance sheet prompting more valuation questions, gives the company more time to fully realize the potential of it’s widely popular location-based recommendation and check-in app.

Redpepper’s Facedeals Automates ‘Check-ins’ via Facial Recognition

Developed by ad agency Redpepper, the companies custom-developed cameras operate within a retail store environment to recognize customers using facial recognition. Users would first have to download an app that authorizes what the agency is calling Facedeals, to verify the individuals most recent photo tags to map the features of the face. Related Posts: How […]