, the social network aimed at local neighborhoods, has raised $123 million in a round of funding led by Riverwood Capital, with participation from Benchmark, Tiger Global Management, Kleiner Perkins, and an undisclosed “large global asset manager.”

This takes Nextdoor’s total money raised to more than $400 million since its inception, and gives it a valuation of $2.1 billion — roughly double its reported valuation at its .

Founded out of San Francisco in 2010, Nextdoor is like Facebook, except it focuses more on connecting people in localized areas — such as neighborhoods. While Facebook does cater to these scenarios itself though Facebook Groups, Nextdoor’s laser-focus on “local” has helped it continue to grow beyond the U.S. and into the U.K., Germany, France, Italy, Spain,

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