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Buzzd gets Series A funding; Ready to compete with Loopt?

April 28, 2008 by Dusan Belic - Leave a Comment

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Buzzd

The New York-based startup Buzzd, a mobile location-based city guide and social network, announced that it has completed its Series A funding round, led by Greycroft Partners and Monitor Ventures. The company will use the proceeds for product development and distribution, and Fern Mandelbaum of Monitor will join the firm’s Board of Directors.

Buzzd answers the question, “What’s going on around me right now?” and delivers location-sensitive, premium editorial event and venue information, along with up-to-the-minute reviews and ratings from friends and other members of the Buzzd community.

In addition, users of the Loopt-kind-of-service can browse and search continuously updated event feeds which include pricing, location, and event details as well as the firsthand ratings and reviews posted from the venue by other members. To better serve its users, Buzzd has partnered with CitySearch, Flavorpill, TimeOut Magazine, and plans to roll out more content partnerships in local markets in the future. User-generated feedback or the so called “buzzes” for real-time activity about venues and events is aggregated at the top of event listings throughout the platform.

Buzzd is also announcing the first advertising partner, Hornitos Premium Tequila, allowing its members to buy their friends Hornitos drinks and redeem the codes delivered via SMS at hundreds of bars in association with BuyYourFriendADrink.com.

To register for Buzzd, simply text “join” to 96321 or visit buzzd.com/m from your mobile phone’s browser… More information is available on Buzzd’s website.

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