Convene, a New York City developer and operator of full-service conference centers, raised $10m in its fourth round of hybrid debt/equity financing.
New investors Tamarix Capital and Boathouse Capital contributed $5m each.
The company intends to use the funds to continue to expand operations.
Led by Ryan Simonetti, principal and co-founder, Convene develops, owns and operates urban day conference centers in the United States. Its suite of business services includes meeting and collaboration space rental, “room service” building catering, audiovisual and conference planning support offered through various lease, joint venture and management arrangements.
FinSMEs
09/07/2013