The fast-growing neighbourhood-based social network, backed by Comcast and Google, has now raised $210m in total as it prepares to monetise elements of the service.
Nextdoor, the US-based operator of a social network based on users’ neighbourhoods, secured $110m in series D funding last week, proving that there is still space left in the sector for new entrants.
The round, raised at a valuation of $1.1bn, featured Comcast Ventures, the corporate venturing unit of cable and telecommunications company Comcast, as well as Redpoint Ventures, Insight Venture Partners, Meritech Capital Partners, Coatue Management, Benchmark, Greylock Partners, Tiger Global Management, Kleiner Perkins Caufield & Byers (KPCB)…
