Real estate software company Yardi has acquired CloudVO, the San Francisco-based online reseller of virtual offices, meeting rooms and other workplace services.
Yardi’s listing service network includes sites such as CommercialCafé, CommercialSearch and PropertyShark. CoworkingCafé is dedicated to promoting coworking services, but all listing sites share the same database. Listing with one is listing with all, giving operators more exposure to anyone looking for coworking services than any other option. The Yardi listing network generates over 20,000 leads per month to participating commercial property owners and coworking operators.
“We have closely followed CloudVO’s 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. We are looking forward to continuing this journey with Laurent [Dhollande, CEO of CloudVO] and his team,” said Rob Teel, Yardi president of commercial.
As of June 1, CloudVO ceased to take new orders and clients are being redirected to CoworkingCafe. Phone answering services will continue to be provided by CloudAnswering, without interruption, and are not part of the assets sold to Yardi. CloudAnswering will stay as a member of the Pacific Workplaces family of companies.
