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Kleiner Perkins led a $125m Series D funding round in Density.

Synopsis

Kleiner Perkins, a private equity firm, led a $125m Series D funding round in Density, an analytics platform for measuring and optimizing workplace performance. Additional investors include Altimeter Capital and LGF, 01 Advisors Upfront Ventures and Founders Fund. "The emergence of hybrid work, post-pandemic, has fundamentally changed the nature and purpose of our buildings. Density customers believe this period of transition can either be a reckoning or a renaissance for the workplace. Over the next five years, the vast majority of the built world will be instrumented for measurement. This new infrastructure will generate reliable, real-time utilization data; it'll support the dynamic needs of hybrid work; and help design, architecture, real estate and workplace teams improve the environments and spaces we use each day," Andrew Farah, Density Co-Founder and CEO.

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