Squarefoot, a digital marketplace for commercial office space, has acquired PivotDesk, a platform that enables office tenants to sublet unused office space. Terms of the deal were not disclosed. The company said it would use the money from its investment in PivotDesk and other investments to expand into new markets including Europe, Asia Pacific and Latin America.
Squarefoot, a digital marketplace for commercial office space, has acquired PivotDesk, a platform that enables office tenants to sublet unused office space. Terms of the deal were not disclosed. PivotDesk was previously acquired by co-workspace provider Industrious in Q1 2017.