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Nextdoor–the ‘Facebook for Neighborhoods–Catching on with Investors and Users
March 6, 2015 /
MATR Sponsor (view all)
"Building community is really, really hard," Nirav Tolia, chief executive of Nextdoor https://nextdoor.com/ , said in an interview. "Trust is essential, and it has to be authentic."
Investors think Nextdoor is on to something. The company will announce on Wednesday that it has raised $110 million in venture capital from investors like Redpoint Ventures and Insight Venture Partners. The new investment values the three-and-a-half-year-old start-up at about $1.1 billion, putting the company among the sharply rising number of tech start-ups with 10-figure valuations.
By MIKE ISAACMARCH
MATR Supporters (view all)
Posted in: Community
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