Finbriefs: Yardi acquires coworking and flexible workspace platform
Santa Barbara-based Yardi announced two acquisitions, purchasing Chicago-based Deskpass and U.K.-based Hubble for an undisclosed amount on Jan. 16.
As a real estate technology provider, Yardi believes the two acquisitions will help them meet the evolving and diverse needs of workspace users, according to the press release.
These acquisitions enhance existing Yardi Commercial and Yardi Kube solutions as the technology backbone for flexible workspace operators, building owners and occupiers to support a wide variety of uses for flexible workspace.
Deskpass is a leading booking platform in North America for coworking and flexible workspace.
Deskpass’ global network of partner locations enables individuals and enterprise clients to instantly book desks, meeting rooms and private offices on demand.
Hubble is the U.K.’s leading online marketplace for coworking and flexible workspace.
The platform enables individuals and employers to book on demand or flexibly contract for coworking desks, private offices, managed offices, part-time offices, meeting rooms and event spaces.
“We are excited to build a global infrastructure to connect office users with space from the best office owners and coworking operators,” said Robert Teel, president of Yardi Global Solutions. “The Deskpass and Hubble teams bring a wealth of customer and industry knowledge about flexible marketplaces to help us service this evolving customer need.”
NEW CEO
San Luis Obispo-based online advertising platform iPromote announced Jan. 15 that it has hired Mitchell Leiman to serve as the company’s new chief executive.
iPromote provides programmatic solutions for digital advertising at scale, to drive results for any business with any size budget.
Leiman has over two decades of experience in the technology sector, most recently serving as the General Manager of their Digital Marketing Solutions and WordStream at Gannett.
“I joined iPromote because I see tremendous potential in its mission to make digital advertising accessible and successful to businesses of all sizes,” Leiman said. “The company’s technology platform already transforms how resellers help their clients succeed in digital advertising. And we have a clear opportunity to build on this foundation.”
TOP STOCK
Santa Barbara-based American Riviera Bank was included in the 2025 OTCQX Best 50, a prestigious ranking of top-performing companies traded on the OTCQX Best Market.
Announced Jan. 15, the recognition highlights the bank’s performance in 2024.
Recently, it has expanded its footprint and enhanced its services to meet the needs of its clients and its growing impact on the region’s economic development.
