Loosecubes, a workspace sharing site based in Brooklyn, raises Series A in venture funding.
By Angie Chang (Co-Founder & Editor-in-Chief, Women 2.0)
A peer-to-peer workspace sharing platform Loosecubes announced closing a $7.8 million round of Series A financing, bringing its total funding to $9 million. The round was led by New Enterprise Associates and Revolution Ventures, with participation from previous investors, Accel Partners and Battery Ventures.
Entrepreneur Campbell McKellar blogged, “When I set out to create Loosecubes, my primary goal was to create a job for myself that I loved doing. And while I didn’t expect it to be an eighty-hour workweek, I have in fact done just that.”
I recently read an article in Vanity Fair about Warren Buffett. I usually leave those to my boyfriend, but this one intrigued me. Buffet says in the article that he’s a big believer in a study that had looked at trying to identify what made certain entrepreneurs more successful than others. The study looked at factors like education, network, and experience.
The only factor that showed any correlation at all with the entrepreneurs’ success, across the board, was the age they were when they started their first venture. Warren was 11.
If you haven’t done it yet, maybe this is your year?
Congrats Campbell and team on raising Series A to take Loosecubes to the next level!
Angie Chang co-founded Women 2.0 in 2006. She currently serves as Editor-In-Chief of Women 2.0 and is working to mainstream women in high-growth, high-tech entrepreneurship. Previously, Angie held roles in product management and web UI design. In 2008, Angie launched Bay Area Girl Geek Dinners, asking that guys come as the “+1” for once. Angie holds a B.A. in English and Social Welfare from UC Berkeley. Follow her on Twitter at @thisgirlangie.