CommonGrounds Workplace, a U.S. enterprise-grade workplace-as-a-service company, has secured a further $40 million in its Series A financing.
The company received the new capital from Pacifica Enterprises, The Davidson Group, formerly Davidson and Associates, and an individual investor.
CommonGrounds Workplace is planning to use the net proceeds from the fundraising to expand operations.
On January 16, 2019, the company revealed its initial $100 million Series A funding to support its aggressive two-year growth initiatives.