Breather raises $40 million for stylish workspaces on-demand


A mobile app that lets users find and book stylish workspaces on-demand, Breather, raised a Series C round of $40 million.

The funding brings Breather’s total capital raised to $73 million. Menlo Ventures led the round joined by Valar Ventures, RRE Ventures, Slow Ventures and Real Ventures.

Menlo Ventures’ Managing Director Venky Ganesan told TechCrunch, in an e-mail, that Breather pitched his firm for an earlier round of funding but the partners passed.

He said, “We did not think the CEO would hit his plans and that the company would use the money… But twelve months later, they hit all their plans and companies like Facebook, and Uber are using Breather all the time. A Breather space in any building becomes the most valuable space there with off the charts revenue per…

Read Story