The Next Flex Office Unicorn: Knotel Cracks $1B Valuation With New Funding Round

It may not be WeWork`s $47B, but Knotel has just reached unicorn status.

Knotel announced the closure of a $400M funding round that brings its valuation over $1B on Wednesday. A provider of on-demand office space with flexible lease terms that seeks to remain distinct from the term "coworking," Knotel nonetheless has ambitions to grow rapidly enough and large enough to rival The We Company...