Startup Capital Raised for Tech Application that Simplifies a Basic Problem
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Attendees of the South by Southwest festival last March in Austin received a preview of the mobile computing tool offered by LiquidSpace. The company’s product allowed users to locate WiFi workspaces around Austin. Following that promotion, LiquidSpace has developed permanent operations in the San Francisco area.
Mobile users of the LiquidSpace application are able to find and reserve mobile workspaces while on the go. This is ideal for entrepreneurs with home-based businesses lacking a formal office as well as workers who want the comfort of their office without being chained to their desks.
LiquidSpace has signed agreements with workspace providers RocketSpace, NextSpace, and the Pacific Business Centers in San Mateo and San Francisco. Locations include public spaces such as coffee shops, paid spaces in executive suites, and spaces open only to company employees.
Users of LiquidSpace can also unlock private spaces for meetings at offices with room to share. Not only does the application book space but it also permits inviting collaborators. Mobile access check-in with LiquidSpace allows secure unlocking of access to the internet, printers, phones, and even parking space.
Now that LiquidSpace has launched operations, it has attracted a new round of outside capital. The Palo Alto company raised $3.6 million from Shasta Ventures and Floodgate, the super angel firm of Mike Maples, Jr. A previous $1.3 million was provided by Floodgate and Greylock Discovery Fund.
LiquidSpace users can find and book working space in business centers, hotel conference rooms, or the new co-working spaces around San Francisco. With new capital, the company expects to expand into additional areas of the country. The mobile app is location-based. Therefore, the expansion will allow business travelers to switch their searches among various cities.