Loosecubes Secures $7.8M From NEA, Accel To Become The Airbnb For Shared Office Space

Loosecubes, the community marketplace for shared workspace, has today announced that it has secured $7.8 million in series A financing, bringing its total funding to $9 million. The round was led by New Enterprise Associates and Revolution Ventures, with participation from previous investors, Accel Partners and Battery Ventures. As a result of the round, Tige Savage of Revolution Ventures and Alex Kinnuer of NEA will be joining the startup's board of directors. For those who work remotely, far from company headquarters, or are busy plugging away at an early-stage business, finding cool, local office space can be tricky -- and expensive. There are a number of cool initiatives that offer community workspace for startups and their founders, but Loosecubes aims to simplify the process through a marketplace that connects those with empty desks, studios, and sofas to workers looking for a friendly, productive setting in which to work.

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