SAN FRANCISCO—LiquidSpace, the largestreal-time marketplace for professional meeting and workspace,announced today it has raised $14 million in series Cfinancing. The round was led by RothCapital with participation from Shasta Ventures, BlackDiamond Ventures and Lucas Venture Group as well as strategicinvestors in the commercial real estate sector includingAvison Young, GPT Group andSteelcase.

LiquidSpace will use the influx of capital to extend its productcapabilities and aggressively scale on its success. The company,which recently surpassed its 1 millionthtransaction, has brought the sharing economy to thecommercial real estate industry. It enables individuals andcompanies to instantly find and book meeting and office space, bythe hour, day, or longer, across the U.S., Canada and Australia. More than 5,500 workspaces in 600 cities areavailable on-demand through the LiquidSpace platform. In the comingmonths, LiquidSpace will expand the range of space offeringsavailable through its marketplace to support additional businessuse cases, and will also extend its booking options beyond hourlyand daily reservations, to support longer duration needs.

"More and more work happens on the go, while most desks andcommercial office buildings sit empty the majority of every day,"said Mark Gilbreath, founder and CEO ofLiquidSpace. "Our platform gives people instant access to the greatspaces that surround us. Increasingly, individuals and companiesalike are embracing the idea that work isn't a place we go, it'ssomething we do. LiquidSpace is enabling the masses to rethink workand to reimagine their workplace. The ability to find and book workspace that suits your project needs, your personality and yourlocation preferences, and to pay only for the duration that youneed, is universally appealing. Professionals today have moremobility and choice than ever before and this global trend isfueling great demand for our platform."

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David Phillips

David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.