AAA Robin lands on $20m for series B

Robin lands on $20m for series B

US-based workplace management software developer Robin has received $20m in a series B round featuring Allegion Ventures, the corporate venturing arm of security product manufacturer Allegion, VentureBeat reported on Monday.

Toba Capital led the round, which was filled out by contributions from two other venture capital firms: Accomplice and FirstMark.

Founded in 2014 as Robin Powered, Robin provides cloud-based software that allows companies to manage and allocate meeting rooms and desks based on location as well as amenities, such as the number of seats, access to television monitors or the size of the workspace.

The company’s mobile app, web dashboard and plugins integrate with personal and work calendars, and users are also able to cancel or extend the time of their booking.

Robin’s customers include enterprise software provider Hubspot, holiday booking platform Kayak, 3D printing technology developer Formlabs and e-commerce platform Shopify.

FirstMark led a $7m series A round for the company in 2016, investing alongside Accomplice, Boldstart, Fundfire, Space Pirates and angel investor Mike Germano.

The company had previously raised $2.9m in seed capital from design software producer Autodesk, IT product supplier Konica Minolta, Accomplice, Deep Fork and Boldstart, it said.

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