NextDoor Finds New Funding

Nextdoor, the online, neighborhood-focused social networking site backed by such local investors as Rich Barton, has raised $21.6M in a new funding, the firm said today. The San Francisco company said the funding was led by Greylock Partners, and also included Benchmark Capital, Shasta Ventures, DAG Ventures, Allen & Company and Pinnacle Venture. The firm also said that Bezos Expeditions--the investment firm of Amazon founder Jeff Bezos--has joined as a new investor, alongside Google Ventures. NextDoor said the funding will go towards product development and market expansion. Rich Barton was the seed investor in NextDoor. Ne More information »