What does it mean when a company like Loosecubes secures $7.8 million in series A financing? It means the venture capital community sees the value in coworking.
In case you aren’t familiar with Loosecubes, it’s sort of the aBetterOffice.com of coworking space. In other words, it’s an online directory of office space. But not just any office space: coworking space.
Loosecubes lets you find a coworking space or advertise your coworking office space anywhere in the United States. Loosecubes describes itself as a “global office sharing community that connects inspiring businesses with extra workspace to professionals that need a productive place to work.” Loosecubes promises to makes it easy to find the right people to share your workday with.
“We started Loosecubes because we needed a place to work that made us feel more inspired, not less. Where you spend your working hours has a huge impact on your life. Working in a beautiful and functional space can make all the difference,” Campbell says on the company’s “How it Works” page.
“At Loosecubes, we want to change the way people work. Our members need the flexibility to work at home sometimes and in an office sometimes. We want the freedom to travel anywhere in the world and not have to worry about finding an Internet connection and some intelligent people.”
Here’s how it works: Loosecubes uses shared space to match professionals that should know each other. Business owners can share anything from a desk to a hammock at their space at no charge with the Loosecubes community. Loosecubes promises that entrepreneurs, travelers, remote workers, and independents can find a great workspace wherever and whenever they need it.
So what does it mean when a company like this secures $7.8 million in financing? It likely means that the coworking trend is here to stay. Is your business center getting involved in the coworking trend?
Read more about Loosecubes from the Officing Today archives.