{"id":1600,"date":"2023-06-19T12:16:55","date_gmt":"2023-06-19T12:16:55","guid":{"rendered":"https:\/\/www.commercialsearch.com\/blog\/?p=1600"},"modified":"2023-06-19T12:16:55","modified_gmt":"2023-06-19T12:16:55","slug":"yardi-cloudvo-coworking-virtual-space-acquisition","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/blog\/yardi-cloudvo-coworking-virtual-space-acquisition\/","title":{"rendered":"Yardi Announces Acquisition of CloudVO"},"content":{"rendered":"

Yardi \u2014 the global leader in real estate software for companies of all types and sizes \u2014 announced the acquisition of San Francisco-based CloudVO, a company specializing in virtual offices and other workplace services.<\/p>\n

The Yardi family of real estate sites includes CommercialCafe<\/a>, CommercialSearch and PropertyShark<\/a>, all of which offer commercial real estate listing services, as well as coworking listings. Also in the network, CoworkingCafe<\/a> specializes in promoting coworking spaces. However, because all of the network\u2019s sites share the same database, operators can publish their listings simultaneously on the entire network, thereby gaining access to its 20,000 total leads generated per month among its commercial property owners and coworking operators.<\/p>\n

CloudVO resells virtual offices, meeting rooms, and other office services \u2014 such as local phone numbers and answering services \u2014 on a subscription or pay-per-use basis. As of June 1, CloudVO ceased taking new orders and customers were redirected to CoworkingCafe. Notably, CloudAnswering (CloudVO\u2019s phone answering service) was not part of the purchase and will instead continue as a member of the Pacific Workplaces family of companies.<\/p>\n

\u201cWe have closely followed CloudVO\u2019s progress for many years now, and it seemed that the time was right to incorporate their assets and intimate knowledge of coworking operators into Yardi,\u201d said Rob Teel, Yardi president of commercial. \u201cWe are looking forward to continuing this journey with Laurent and his team.\u201d<\/p>\n

Laurent Dhollande, CEO of CloudVO, commented: \u201cWe are thrilled that CloudVO is now part of Yardi. Our partners will benefit from the Yardi listing service with infinitely more reach and strength than CloudVO could provide on its own, with seven online listing sites that combine over 3 million visitors monthly. Our customers will be exposed to a larger inventory and better choices for their online bookings and purchases of workplace services, including meeting rooms, private offices and virtual offices.\u201d<\/p>\n

Check out top coworking spaces in some of the most competitive coworking markets in the nation:<\/em><\/p>\n