Venture Capital
NEW YORK, October 24, 2018-- Knotel, the premier global provider of agile workspaces for companies, announced today that it has closed a $60 million round of funding led by Norwest Venture Partners. As part of the transaction, Norwest Managing Partner Jeff Crowe will take a seat on Knotel’s board. The new round of financing brings Knotel’s total backing to $160 million. Existing investors, which include market-leading commercial brokerage Newmark Knight Frank and Bloomberg Beta, were also participating in the round.