SAN FRANCISCO—LiquidSpace, the largest real-time marketplace for professional meeting and workspace, announced today it has raised $14 million in series C financing. The round was led by Roth Capital with participation from Shasta Ventures, Black Diamond Ventures and Lucas Venture Group as well as strategic investors in the commercial real estate sector including Avison Young, GPT Group and Steelcase.

LiquidSpace will use the influx of capital to extend its product capabilities and aggressively scale on its success. The company, which recently surpassed its 1 millionth transaction, has brought the sharing economy to the commercial real estate industry. It enables individuals and companies to instantly find and book meeting and office space, by the hour, day, or longer, across the U.S., Canada and Australia. More than 5,500 workspaces in 600 cities are available on-demand through the LiquidSpace platform. In the coming months, LiquidSpace will expand the range of space offerings available through its marketplace to support additional business use cases, and will also extend its booking options beyond hourly and daily reservations, to support longer duration needs.

"More and more work happens on the go, while most desks and commercial office buildings sit empty the majority of every day," said Mark Gilbreath, founder and CEO of LiquidSpace. "Our platform gives people instant access to the great spaces that surround us. Increasingly, individuals and companies alike are embracing the idea that work isn't a place we go, it's something we do. LiquidSpace is enabling the masses to rethink work and to reimagine their workplace. The ability to find and book work space that suits your project needs, your personality and your location preferences, and to pay only for the duration that you need, is universally appealing. Professionals today have more mobility and choice than ever before and this global trend is fueling great demand for our platform."