Office-Provider Knotel Raises $70m, Readies Blockchain Tech

by Knotel: May 7, 2018

The customized-office provider Knotel, which is planning a service that will use blockchain to track space listings, announced on Tuesday that it has closed a USD 70 million financing round.

According to Knotel, the funding comes on the heels of rapid growth, with the company opening forty locations across New York, San Francisco, and London, totaling nearly a million square feet, and attracting enterprise companies that would otherwise take a lease over the last two years. Knotel is also working on a blockchain platform that would allow users to search for office space.

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