Brookfield leads top-up to Convene's $35 mln Series B round
Convene, a U.S. provider of conference spaces and services for off-site meetings, has raised an additional US$20 million for its Series B round, bringing its total to US$35 million. The extension was led by the property investment arm of Toronto-based Brookfield Asset Management, and joined by Arrowpoint Partners, Conversion Capital, Boathouse Capital and Sunrise Capital Partners. New York-based Convene said the funds raised will be used to increase its locations to over 20, and support acquisitions. The company expects to raise a Series C financing later in 2016 to fund global growth and platform development.
20 May 2016•3 mins read
