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November 13, 2012 08:25 pm GMT
Loosecubes, a "community marketplace" for workspace which connected members with a desk or place to work, is shutting down. Friday, November 16th will be the last day the site honors reservations booked through it and anything booked after that date will be cancelled. The site will then go dark. The two and a half year old startup got $7.8 million only 5 months ago so it's a little odd to see this behaviour. In total it raised a total of $9.03M from Accel Partners, Battery Ventures, New Enterprise Associates, Hamilton Investment, Partners Revolution and private individuals.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/BT2N9bMTdmA/
Loosecubes Shutdown Casts A Shadow Over Workspace Marketplace Model
Loosecubes, a "community marketplace" for workspace which connected members with a desk or place to work, is shutting down. Friday, November 16th will be the last day the site honors reservations booked through it and anything booked after that date will be cancelled. The site will then go dark. The two and a half year old startup got $7.8 million only 5 months ago so it's a little odd to see this behaviour. In total it raised a total of $9.03M from Accel Partners, Battery Ventures, New Enterprise Associates, Hamilton Investment, Partners Revolution and private individuals.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/BT2N9bMTdmA/
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