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Private Equity

Nextdoor Secures $123M To Continue Rapid Growth And International Expansion

by vcaonline.com posted 2months ago 14 views
SAN FRANCISCO, May 14, 2019-- Today, Nextdoor, Inc. (nextdoor.com) announced $123 million in funding led by Riverwood Capital, with participation from existing investors Benchmark, Tiger Global Management and Kleiner Perkins, and new participation from a large global asset manager. This will cement Nextdoor as the essential local platform for neighbors around the globe. Chris Varelas, co-founder and managing partner of Riverwood Capital, will join the company's board of directors. The funding comes at a time of accelerating growth for the company.

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