Locu was a publishing platform used by restaurants, local merchants, and other companies to create and distribute product and price lists, hours of operation, addresses and other data to
Yelp
Yelp Inc. is an American company that develops the Yelp.com website and the Yelp mobile app, which publishes crowd-sourced reviews about businesses. It also operates Yelp Guest Manager, a table reservation service. It is headquartered in S ...
,
Foursquare
Four square is a ball game.
Four square may also refer to:
Internet and entertainment
* Foursquare City Guide, a local search and discovery app
* 4 Square (game show), ''4 Square'' (game show), a British game show
* 4 Square (TV series), ''4 Squ ...
, TripAdvisor, and OpenTable. The company claimed that 30,000 businesses were using the service as of August 2013.
Locu was founded by a group of
MIT
The Massachusetts Institute of Technology (MIT) is a private research university in Cambridge, Massachusetts, United States. Established in 1861, MIT has played a significant role in the development of many areas of modern technology and sc ...
students in 2011 and raised $600,000 in
angel funding.
Go Daddy acquired Locu for a reported $70 million in 2013.
References
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Digital press
2013 mergers and acquisitions