Canopy, an upscale, profitable developer of co-working spaces, has expanded its footprint in San Francisco to a third location on the heels of a strategic financing round.
Co-founded by the product designer Yves Behar; the second generation design-build developer Amir Mortazavi; and serial entrepreneur and medical office space developer Steve Mohebi, Canopy bills itself as a better-designed WeWork for high-powered adults (or aspiring high-powered adults).
The company opened its latest office space in the financial district of San Francisco and has plans to double its . Jackson Square location with a new penthouse space.
Investors in the round were culled from Canopy members and a few institutional investment funds…