Nextdoor Raises $18.6 Million

Posted Jul 24, 2012

Nextdoor is a San Francisco based startup company that runs social networks for over 3,500 neighborhoods across the country.  Nextdoor has raised $18.6 million in financing from investors such as Benchmark Capital, DAG Ventures, Greylock Partners, Shasta Ventures, Allen & Company and Pinnacle Ventures.

People also use Nextdoor to answer questions from neighbors and promote community events.  They also use Nextdoor to monitor traffic bulletins, report crime, and announce emergencies.  Neighbors can also sell goods through the local marketplace feature on Nextdoor.

?Facebook is the best way to connect to friends and family, and LinkedIn is the best way to connect to business contacts ? now Nextdoor has created the best way to connect to neighbors,? stated David Sze of Greylock.

Nextdoor is led by former Yahoo! employee Nirav Tolia.