Location-based Mobile Social Network Buzzd Raises Funds

Buzzd, a location-based city guide and social network for mobile devices, announced on Thursday that it has raised an undisclosed sum of first round financing, led by Greycroft Partners and Monitor Ventures.

New York-based Buzzd offers a location-based mobile service that includes both user-generated reviews and content from partners including Citysearch, Flavorpill and Time Out New York.

The company will use the funds for product development and distribution.

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