Knotel has acquired commercial real estate search engine 42Floors in a deal the company claims will give it access to data on more than $100 million of office space and further its blockchain platform ambitions. “We’re behind the scenes a bit more than some of our competitors,” said Sanjiv Sanghavi, VP of product at Knotel. The flexible office operator has opened in 20 locations covering over a million sq ft of office space since being founded in 2016 . In 2016 , Knotel purchased German workspace operation Ahoy!Berlin marking its intention to expand into Europe . The blockchain -based start-up has said it aims to disrupt the real estate industry by investing in New York technology to reduce transaction costs and bring transparency to the sector.
Knotel has acquired commercial real estate search engine 42Floors in a deal the company claims will give it access to data on more than $100 million of office space and further its blockchain platform ambitions. The flexible office operator has opened in 20 locations covering over a million sq ft of office space since being founded in 2016 . In 2016 , Knotel purchased German workspace operation Ahoy!Berlin marking its intention to expand into Europe . The blockchain -based start-up has said it aims to disrupt the real estate industry by investing in New York technology to reduce transaction costs and bring transparency to the sector.