Gowalla Gains $8.4M

Austin-based Gowalla, a developer of a location-based social networking service, said this morning that it has raised $8.4M in a Series B funding round. The round was led by Greylock Partners, and also included Shasta Ventures, Maples Investments, Ron Conway, Kevin Rose, Gary Vaynerchuck, Shervin Pishever, Jason Calacanis, Chris Sacca, Alsop-Louie Partners, and Founders Fund. David Tacker of Greylock joins the company's board as part of the funding, as does Reid Hoffman, who is a Partner at Greylock and was co-founder of LinkedIn. The compay said the funding brings its total raised to $10M.