Brookfield co-leads $68 mln Series C financing of Convene

Convene, a U.S. workplace-as-a-service platform, has raised US$68 million in a Series C financing, bringing its total funding so far to US$119.2 million. The round was led by existing investors, including the real estate investment arm of Canada's Brookfield Asset Management, as well as ArrowMark Partners and Conversion Venture Capital. The Durst Organization and Elysium Management also invested. New York-based Convene's platform operates a network of on-demand meeting, event, conference, and workspace venues. It plans to use the funds raised to accelerate the development of its three business lines.

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