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Nextdoor Adds $47M To Its Growth Round, Brings Bond鈥檚 Mary Meeker Aboard

, the popular social network for neighbors, announced today that it has raised $47 million in funding from 鈥檚 , rounding out a previously announced growth round at $170 million.

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In May, we reported that the nine-year-old company had raised $123 million at a as part of a Series F led by . (The company said this morning the valuation remains the same). Existing backers , and also put money in that tranche of the round, which included 鈥渘ew participation鈥 from an unnamed large global asset manager.

Today鈥檚 financing brings Nextdoor鈥檚 total raised since its inception, according to its 小蓝视频色情网页版 profile. The company was founded by , , , , , and .

In a world where so many people are glued to their devices, Nextdoor is a startup that has found a way to use technology to try and help people feel a sense of community. The San Francisco-based company aims to connect people who live in the same, or nearby, neighborhoods together by creating a forum for them to communicate digitally. Its presence has grown over time and currently, people in over 247,000 neighborhoods in ten countries are using the platform. (That鈥檚 a gain of 11,000 from its May figure that I reported at the time.) It has more than 300 employees globally.

In May, when I asked about financial growth metrics, a spokeswoman only told me that Nextdoor expects 鈥渞evenue to double again in 2019.鈥 The company makes money from a combination of sponsored posts as well as a real estate vertical that allows agents to brand themselves as local experts in the neighborhood.

Bond General Partner Mary Meeker joins the company鈥檚 board as part of the financing event.

鈥淣extdoor is built on trust 鈥 verifying each members鈥 name, address and neighborhood 鈥 which creates the transparency and accountability that is core to building communities,鈥 she said in a written statement. 鈥淣extdoor is connecting people to the information and services that matter most, and I am excited to work with this impressive team to help expand Nextdoor鈥檚 local utility as well as its growing global footprint.鈥

Nextdoor鈥檚 revenue growth puts it in good company; growing over 100 percent is comfortable unicorn territory. But with the public markets wobbling, recession worries mounting, and trade tensions persisting, having more capital aboard is likely a welcome insurance policy for the company against market disturbances.

Finally, the deal brings Meeker into an investment where her former employer Kleiner Perkins holds a stake. Though her exit from KPCB marked the end of an era, it鈥檚 doubtful that the older firm minds that Meeker and Bond are putting more capital into Nextdoor; after all, she鈥檚 putting more dry powder in an investment that could generate material markups and liquidity. (For more on Kleiner鈥檚 new life, head here for notes from our time with a number of its new partners.)

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