The Lincoln Property Company-backed crowd measurement software developer secured series D funding valuing it at just over $1bn.

Density, the US-based crown management technology developer backed by real estate firm Lincoln Property Company, has secured $125m in a series D round it said increased its total funding to over $225m.

Venture capital firm Kleiner Perkins led the round at a $1.05bn valuation, and it included Altimeter Capital, 01 Advisors, Upfront Ventures, Founders Fund and private investor Lachy Groom.

Founded in 2014, Density developed a system that measures the number of people in a physical space at any given…

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Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.