Steelcase invests in LiquidSpace
LiquidSpace, an online San Francisco-based company that markets temporary office and meeting space, has announced that Steelcase and CBRE Group have jointly invested $1.3 million in the company.
Founded in 2010, LiquidSpace describes itself as “a real-time marketplace” that enables individuals to use the web or mobile devices to find and book a space to work or meet by the hour or day.
LiquidSpace's markets are “modern professionals” and companies that use the service to manage their workforce’s workspace needs, both internally and externally, with spaces such as a co-working venue, business center, hotel lobby, library or private office.
The company said it has facilitated more than 200,000 reservations across its network of more than 2,000 private and public workspaces in 250 cities nationwide.
LiquidSpace helps large companies “turn underused real estate into an asset” and is expanding “to serve the needs of mobile business workers.”
“We are thrilled to have the support of Steelcase, the global leader in the office furniture industry and CBRE, the world’s largest commercial real estate services and investment firm (in 2012), as we work with Fortune 500 companies to provide a clean, simple solution for evolving their real estate portfolio and workplace strategy,” said Mark Gilbreath, founder and CEO of LiquidSpace.
The announcement does not state how much was invested by Steelcase alone.
Earlier this year, LiquidSpace raised $6 million in Series B funding.