Nextdoor Raises $18.6M in Funding
Nextdoor, a San Francisco, California-based a private social network for the neighborhood, has raised $18.6m in funding.
Backers include Benchmark Capital, DAG Ventures, Greylock Partners and Shasta Ventures, Allen & Company, Pinnacle Ventures, Rich Barton, Anthony Noto and Dave Goldberg.
The company intends to use the capital to accelerate growth of the network, which is already in use by over 3,700 neighborhoods across 48 states.
Launched in late 2011 by Nirav Tolia, CEO, Nextdoor provides neighbors with a platform to share recommendations and advice, list items for sale, organize events, help find lost pets and report crimes and suspicious activity.