Monday, November 05, 2007

More money into meeting and groups as Worktopia raises $5mm

alarm:clock is carrying the story that NY based Worktopia have raised $5mm in funding from DFG Gotham with help from Milestone Venture Partners and High Peaks Venture Partners. That is a quality round of financing. DFG is an offshoot of VC A list company Drapher Fisher Jurvetson. Worktopia offer online meeting room and associated accommodation bookings with about 2,000 properties. Another example along with Groople, asdoo, TripHub and others of the steady flow of capital and interest into the group and MICE markets online. I agree with the conclusion at alarm:clock that 2,000 properties is not enough but with $5mm presumably Worktopia can employ more people in the contracting team.

Worktopia management include CEO John Arenas previously of Stratis Business Centers and EVP Brian McCabe who used to be with Regus.

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