Co-working space AlleyNYC raised the money in a round featuring publisher Entrepreneur Media, and will now look to open a second New York premises.
AlleyNYC, a co-working space based in New York City, has raised $16m in a funding round co-led by magazine publisher Entrepreneur Media, TechCrunch reported on Friday.
Vandewater Capital Holdings, the private equity arm of property asset management company Jesta Group, co-led the round.
Founded in 2012, AlleyNYC currently hosts more than 50 early-stage companies at its co-working space in Midtown Manhattan, and plans to soon expand into a second space in Chelsea, Manhattan.
AlleyNYC hopes the new ‘Alley 2.0’ premises…
