Original URL: https://www.theregister.co.uk/2011/12/04/facebook_gowalla_acquisition/

Facebook checks in with Gowalla

Location is something

By Natalie Apostolou

Posted in Business, 4th December 2011 23:30 GMT

Facebook has bought the location-based service Gowalla, according to CNNMoney.

Neither party has confirmed the transaction, but speculation that an announcement is imminent was sparked by CNNMoney on Friday.

According to the report, Facebook has acquired the Texas –based Gowalla team and is to incorporate the service into Facebook’s Timeline feature, which allows users to document their lives in a single vertical page stream.

Gowalla launched in 2009 and was an early Foursquare competitor. It has raised $10.4m in funding. Investors include Kevin Rose and Jason Calacanis and VC firms such as Greylock Partners, Shasta Ventures and Founders Fund. ®