Published On: Mon, Jul 13th, 2015

WeWork raises $433 Million in new funding round

WeWork Israel
Adam Neumann, the Israeli born  35 year old founder and CEO of WeWork , disclosed a $433.9 million round of funding in a new document filed with the U.S. Securities and Exchange Commission.

In December, when it was reported that WeWork had raised $355 million, the company’s valuation approached $5 billion. Now, the company is valued at $10 billion, according to the Wall Street Journal.

Such valuations are based on how big a share in a company was acquired for the invested funds, not the total amount invested.

WeWork started in 2010 and is based in New York. The company has coworking spaces in Austin, Texas; Berkeley, Calif.; Boston; Chicago; Miami; Los Angeles; New York City; Philadelphia; Portland, Ore.; San Francisco; and Washington, D.C. International locations are in Israel, the Netherlands, and the United Kingdom.

WeWork allows individual workers to “colocate” alongside startups and even teams within larger companies. The startup’s mobile app allows members to book rooms at all of WeWork’s locations.

READ MORE

Search Results for: WeWork

WeWork Israel

Israel’s co-working scene just got bigger with the opening of WeWork Herzliya,

offering space as a service to 450 new members. Located in the heart of Israel’s

technology scene, WeWork Herzliya features More…

WeWork

WeWork, a service that rents office space to startups, is opening the doors of its second

property in London, and expects the British capital to be its largest or second largest

market in the future, according More…

WeWork office interior

WeWork Companies, a dealer in office space rentals announced that it closed a $355 million funding round.

The company is now valued at around $5 billion. Adam Neumann, the Israel born  35 year old founder and More…

Adam Neumann wework

WeWork will be the anchor tenant of a $300 million redevelopment owned by

Boston Properties in the Brooklyn Naval Yard. WeWork expects to have similar offices in

Boston Properties buildings in San Francisco and More…

WeWork

WeWork is coming to Israel. The American office realty firm which sublets even the smallest

of office spaces is opening up operations in both Tel Aviv and Herzlia. Israel now joins England and Holland as the only More…

Read more about: , ,

Wordpress site Developed by Fixing WordPress Problems