Riverwood Capital leads $123 mln for Nextdoor

San Francisco-based Nextdoor Inc, a social network for the neighborhood, has secured $123 million in funding. Riverwood Capital led the round with participation from other investors that included Benchmark, Tiger Global Management and Kleiner Perkins. In conjunction with the funding, Chris Varelas, co-founder and managing partner of Riverwood Capital, will join Nextdoor’s board of directors.

Source: Press Release