Fenwick & West represented Nextdoor.com, Inc., a neighborhood based social network, in a $110M financing, putting the company in the 10-figure valuation category at about $1.1 billion. Investors like Redpoint Ventures and Insight Venture Partners participated in the round.
The financing will be used to continue to accelerate the company’s efforts in the years to come. More information about Nextdoor’s $110M financing can be obtained from the company’s blog.
The Fenwick transaction team was led by corporate partner Cindy Hess and corporate associates Katherine Duncan and Inga Goldbard.