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Neighbor Network Nextdoor Grabs $60M

Nextdoor, the San Francisco-based social network for neighbors, has raised $60 million led by Kleiner Perkins Caufield & Byers and Tiger Global Management. “With the investment, Nextdoor has raised more than $100 million in the last 18 months,” The New York Times’ Dealbook blog reports.  “That is bound to set off questions about whether venture capitalists are inflating another technology bubble by throwing money at unprofitable start-ups.”

Read the whole story at The New York Times »

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