San Francisco-based Nextdoor, Inc., a private neighborhood community social networking platform, has landed $123 million in an investment round.
U.S. growth stage technology investment firm Riverwood Capital, which in conjunction with the funding will join Nextdoor’s board of directors, led the investment round.
Existing investors, Benchmark, Tiger Global Management and Kleiner Perkins among others joined the round.
With the net proceeds from the financing, Nextdoor will extend internationally and build out its team, adding to recent strategic hires.