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Booyah! secures $20 Million in venture funding


Booyah! a rival to Foursquare in the Geo-location mobile application space has secured a further $20 Million venture capitalist funding.

Booyah! has released the iPhone application MyTown and Keith Lee who is the CEO says the funding will gBooyah! secures $20 Million in venture fundingo towards hiring new staff and building new projects.

MyTown has around 2 million users growing at 100,000 per week, which is almost double that of Foursquare.

It is predicted other social giants like Facebook and Google may join the Geo-location space too. Time for innovation surely.

Booyah’s MyTown is much more a game, almost like Monopoly.


David Cowling :

Editor and Founder of SocialMediaNews.com.au. I also run a Social Media Agency where I do consulting work and another blog dedicated to Instagram news. Connect with me: Twitter | LinkedIn | Google + or contact me here. Alternatively, you can send me an email at david@socialmedianews.com.au











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