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WeWork said to be raising new round at $10 billion valuation

Shared office space provider most recently valued at $5B

June 24, 2015 04:44PM

WeWork's Miguel McKelvey and Adam Neumann

WeWork’s Miguel McKelvey and Adam Neumann

Shared-office provider WeWork is raising a new round of capital that would value the company at $10 billion, twice its valuation just seven months ago. The financing may be announced this week, Bloomberg reported Wednesday.

Earlier this month, The Real Deal took an in-depth look at WeWork, its business model and prospects for the future. Read the article here.