Reuters – Nextdoor Inks $21.3M

Neighborhood social network start-up Nextdoor has raised another $21.3 million, even as many investors shy away from the sector in the wake of troubled Facebook initial public offering last year, Reuters reported. The new funding includes $15 million from Greylock Partners, whose partner David Sze will be joining Nextdoor's board. Sze, known for his involvement in networks LinkedIn and Facebook in their earliest days, said he has never before invested so much in a single investment round. New investors Google Ventures and Bezos Expeditions, Amazon chief Jeff Bezos's venture fund, participated in Nextdoor's latest funding round. So did existing investors Benchmark Capital and Shasta Ventures.

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