December 16, 2014 | Now its official: WeWork, the popular communal work space for startups, raised $335 million in its latest funding round, at a company valuation of nearly $5 billion. This is the company’s second funding round following an angel round in January 2012 in which it raised $6.85 million. In addition, according to reports in the “Wall Street Journal,” the company plans a public offering within the next two to three years. With locations all over the world, and in Israel in Tel Aviv and soon to be in Herzliya Pituach, WeWork is a shared work space that rents out offices and desks to entrepreneurs and startups looking for valuable work space in some of the world’s largest metropolises. The company was founded in 2010 by Adam Neumann and Miguel McKelvey.
Facebook comments