Who wants to sit in an office to get their work done these days? Most of you don’t, so mobile workspace company Workspot has been working to bring your work to your mobile devices.
And it seems to be doing a great job according to investors — Workspot just filed a Form D to the U.S. Securities and Exchange commission for $4 million raised out of $6 million the company is seeking. The documents states that 29 investors have already signed on and the first sale occurred on April 30.
Workspot puts your work apps and documents on your mobile device in their own separate “workspace.” That way, you can switch from personal uses to a fully secure and IT-monitored space where you get your job done.
The document doesn’t reveal much more information about the fundraising round, although it does list an Ashish Gupta, based in Los Altos, Calif., as a director and promoter for the company. Gupta appears to be leading Helion Venture Partners and has not previously been listed on public filings from the company. This is likely a sign he may be a new and major investor joining this round and also getting a seat on the company’s board.
The company recently competed in TechCrunch Disrupt NY’s Battlefield competition, presenting its bring-your-own-device app.
Workspace was founded in 2012 by Ty Wang, Puneet Chawla, Amitabh Sinha and is based in Menlo Park, Calif. Prior to this filing, the company had raised a total of $3.1 million in funding from investors such as KPCB, Redpoint Ventures, and Norwest Venture Partners.
Kleiner Perkins Caufield & Byers (KPCB) is a world-leading venture capital firm located on Sand Hill Road in Menlo Park in Silicon Valley. The Wall Street Journal has called it one of the "largest and most established" venture capital ... read more »
Redpoint Ventures is a venture capital firm focused on investments in early stage technology companies. The founders of Redpoint Ventures have been involved with successful investments including Foundry, Juniper Networks, Netflix, and ... read more »
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