WeWork’s new funding round puts valuation at $20 billion

WeWork has raised $760 million in a new series G funding round.
According to documents filed publicly with the Delaware Secretary of State, the New York-based co-working space provider issued 13.2 million new shares of preferred stock at a price of $57.90 apiece.
The news comes on the heels of a recently raised $300 million from SoftBank.
WeWork has three locations in Austin: downtown at 600 Congress Ave., at The Domain and at University Park, a Central Austin development off I-35 just north of…

#URLinkedUp Austin Business News – Local Austin News | Austin Business Journal http://www.bizjournals.com/austin/news/2017/07/12/wework-co-working-funding-20-billion-valuation.html?ana=RSS%26s=article_search

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