CommonGrounds, U.S. co-working space services provider, has secured $100 million in funding.

CommonGrounds intends to use the capital to construct 2 million square feet of flexible office space in two years.

The company, planning to have a build-out of about 50 sites, secured the funds from three backers.

The investors included U.S. real estate investment company Pacifica Enterprises Inc. and UAE-based Emaar Properties.