San Francisco Based Incubator Space RocketSpaceTo Announce A New 50,000 Sq. Ft. Office
RocketSpace is an accelerator for high-growth and seed-funded tech startups. The programs at RocketSpace are focused on creating an ideal tech startup ecosystem including speakers and classes in their dedicated event space. RocketSpace currently hosts over 130 of the hottest Web 2.0, gaming, and mobile startups. Some of RocketSpace’s alumni include Uber, Zaarly, Domo, Podio, Zappos.com, Snip.it, and Pocket Change. RocketSpace is expected to announce the lease of a new 50,000 sq. ft. office to house startups that have up to 60 employees instead of putting a cap at 30 employees.
RocketSpace plans to set up another 100,000 sq. ft. space and open up in office in London this year. Known as an “office-as-a-service,” RocketSpace has office space based on a per-person and per-month rate. RocketSpace handles the leases, security, bandwidth, and firewalls so that founders of their companies can focus on their business. Some of the venture capitalists that have come to their space to give talks include Peter Thiel and Vinod Khosla.
RocketSpace CEO said that their company’s biggest constraints is space. He told TechCrunch that they kick out companies when they hit 30 employees including Uber, Spotify, and Leap Motion. The city of San Francisco is going to demolish RocketSpace’s current 181 Fremont location to open up a new Transbay Tower transportation hub. This is why RocketSpace is going to be leasing a 50,000 sq. ft. space north of Market Street at 180 Sansome.
RocketSpace hopes to take over that whole tower at some point and they are looking at a 90,000 sq. ft. Bay Area space to replace the location at Fremont. RocketSpace hopes to host around 2,000 people in the combined 140,000 sq. ft. space. Other international locations that RocketSpace wants to expand to include Tel Aviv, Berlin, and Vancouver.