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LiquidSpace Raises 3.6M In First Round Of Funding


LiquidSpace has just announced that it has raised 3.6 million dollars in its first round of funding. LiquidSpace offers a mobile application that allows mobile workers connect with workspaces. The app is aimed at both workers who do not have an office and those who have one but enjoy spending a lot of time away from it. Many employees can be as productive at a coffeeshop as they can at their actual desk.

With many coffeeshops offering WiFi services, this is a viable alternative to clocking in at the office. After the company launched a promotion in March, allowing attendees of the SxSw conference could locate pop-up workspaces, LiquidSpace is now offering limited testing in the San Francisco Bay Area. LiquidSpace is currently signed up for four workspaces including RocketSpace, NextSpace, and the Pacific Business Centers in San Mateo and San Francisco.

The round of bidding was led by Shasta Ventures followed by Floodgate. LiquidSpace previously raised 1.3 million from Floodgate and the Greylock Discovery Fund. It seems that startups these days are well rewarded for their ingenuity and ability to deliver products and services that are commonly desired in the marketplace. I believe that the perception of startups has become more of a positive one over the past several years with the launch of Facebook, Twitter, and of course, Google.

Photo Courtesy of BlueSunPhotography
Photo Courtesy of Felipe