21 Mar 2019
MakeSpace, the fastest growing on-demand storage company headquartered in New York City, and Iron Mountain Incorporated, the global leader in storage and information management services, announced a new partnership to bring consumer storage services to 24 markets.
As a part of this transaction, Iron Mountain will join a $30 million financing round for MakeSpace, and MakeSpace will acquire Stashable, Iron Mountain’s full-service, valet consumer storage business. This partnership combines MakeSpace’s technology platform for consumer storage with Iron Mountain’s storage, transportation and logistics operations.
According to Venturebeat, the new capital comes after MakeSpace’s $30 million raise in April 2017 and an $8 million raise in April 2014, which included individual contributions from NBA star Carmelo Anthony and rap legend Nasir Jones. This brings MakeSpace’s total raised to $103 million.
Additionally, MakeSpace will become a storage customer of Iron Mountain and deliver an initial 2.1 million cubic feet of consumer storage.
In recent news and unrelated to self storage, Iron Mountain renewed its support for papers of Abraham Lincoln Project, preserving and protecting the writings and legacy of President Lincoln.
