1.2 million venues in directory, strategic investment on the way

“Buzzd, a mobile service focused on “real-time” reviews of bars and restaurants, says it’s making some inroads in the tough, crowded location-based networking market.

The New York-based start-up is set to release numbers on Thursday announcing that 1.2 million venues are now listed in its directory, 10 percent of which were added by users. As for demographics, about 80 percent of Buzzd’s users (it doesn’t provide specifics on active users) are in the U.S., concentrated around cities like New York and Los Angeles, with another 10 percent in Europe and 10 percent in India.”