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NY-based Worktopia has received $5 Million in Series A Funding Led by DFJ Gotham Ventures. Worktopia is an online meeting booking service for small businesses. Other participants included Milestone Venture Partners and High Peaks Venture Partners.
"We identified DFJ Gotham Ventures as an ideal lead investor because of their broad network, highly relevant operational experience and the enthusiasm of its principals," stated John Arenas, CEO and Founder of Worktopia. Arenas added, "We are pleased to have attracted such an experienced group of New York-based venture capitalists." Concurrent with the financing, Jed Katz of DFJ Gotham and Ethan Ayer of Milestone have joined the company’s board of directors. High Peaks’ Brad Svrluga will be a board observer.
This is the first service I have seen that actually can take you directly through the booking process. Usually these engines help you find locations and then a human helps make the reservation. In my test, I was able to book a meeting space at the Crowne Plaza in Times Square directly. Almost as easy as booking a hotel room. They have hotel, airport, and conference center locations.
"Worktopia has established itself as the clear leader in addressing this large and under-served market," said Jed Katz, Managing Director of DFJ Gotham Ventures.