The Davidson Group was among the investors that have added $40m to flexible workspace provider CommonGrounds Workplace's series A round.

US-based workplace services provider CommonGrounds Workplace has increased its series A round to $140m with funding from investors including educational and entertainment software provider The Davidson Group.

Real estate investment firm Pacifica Enterprises and Mohamed Alabbar, founder and chairman of property developer Emaar Properties, also took part in the $40m second tranche. Both had already backed the $100m first close in January 2019 alongside Davidson Group chairman Bob Davidson.

CommonGrounds offers a range of tailored workplace options for corporate…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.