CommonGrounds has raised $ 100 million in one of the largest series A funding rounds in the sector . WeWork raised just $17 million in its Series A funding in early 2012 and did not top $100 million in a single round until late 2013, according to website Crunchbase. The San Diego - based start - up has an exclusive contract with Tecno Spa , which has created a system of moveable office walls dubbed the holy grail in office construction . The technology gives workspace operators a cost effective , flexibility solution that allows them to offer short - term leases . It plans to build out a portfolio of two million sq ft of flexible office space over the next five years .
CommonGrounds has raised $ 100 million in one of the largest series A funding rounds in the sector . The San Diego - based start - up has an exclusive contract with Tecno Spa , which has created a system of moveable office walls dubbed the holy grail in office construction . The technology gives workspace operators a cost effective , flexibility solution that allows them to offer short - term leases . It plans to build out a portfolio of two million sq ft of flexible office space over the next five years .