Nextdoor

Neighborhood-based app Nextdoor raises $75M in latest round Startup received another $75M in its latest round

Nirav Tolia (Credit: LinkedIn, Max Pixel, Pixabay)

Nextdoor, the private social media app on which neighbors can find out about both block parties and break-ins, raised $75 million in a new round of funding that potentially values the platform at $1.5 billion.

The startup raised the money in a new round of Series G funding in August, with shares issued at a price 28 percent higher than its previous round — putting its valuation at nearly $1.5 billion, The Information reported.

The San Francisco-based company raised over $110 million from venture capital firms in a rou上海龙凤论坛 新上海贵族宝贝论坛nd of Series D funding in 2015 that valued the company at $1.1 billion, according to Crunchbase. As of today, the social media enterprise had raised over $285 million.

Its latest investors were not disclosed. In the past, Venture capita上海夜网 阿爱上海同城l firms Benchmark, Greylock Partners, Kleiner Perkins Caufield Byers and Insight Venture Partners all provided funding.

Nextdoor, led by Nirav Tolia, strives to be the internet s “yellow pages, connecting neighbors v上海夜网 阿爱上海同城ia a mobil上海千花社区 上海千花网交友e app on which residents can find babysitters, realtors and the latest neighborhood news. The free service has reached over 161,000 neighborhoods across the country, according to its website, while expanding to the U.K., the Netherlands and Germany. [TI] Natalie Hoberman

Tags: tech
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Norway Sovereign Wealth Fund

London overtakes NYC in biggest real estate exposure for this $1T sovereign wealth fund Norway shifts portfolio

London (credit: Pixabay)

By the上海千花社区 上海千花网交友 end of 2017, the world s largest sovereign wealth fund had more real estate exposure in London than in New York City.

Norway s $1 trillion wealth fund Norges held 22.8 percent of its real est上海千花网交友 上海千花网论坛ate portfolio in London, Bloomberg reported. New York City followed at 21.5 percent and then Paris at 1上海夜网 阿爱上海同城9.1 percent at the end of 2017, a report release by the fund on Tuesday.

At the end of 2017, the fund had $28 billion invested in unlisted real estate. In 2016, New York topped the list at 19.2 percent. London came in second at 17 percent, followed by Paris at 13.1 percent.

“Central London office investment transactions rose 30 percent in 2017 despite economic uncertainty,” the fund said. “Transaction volumes ended at around 15 billion pounds, which was a return to the average level seen in the five years上海龙凤论坛sh1f 上海龙凤论坛 prior to the Brexit vote.” [Bloomberg] — Kathryn Brenzel

Tags: Comme爱上海 爱上海同城手机版rcial Real Estate, norway sovereign wealth fund
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