In September 16th, UR Work established only for 5 months announces that it has closed the A round of financing with over two hundred million Yuan RMB. 
This round of financing is led jointly by CIC Hanfor and Gopher Asset with the amount of more than 1 billion Yuan RMB, and followed by the angel rounds lead investment institutions of Sequoia Capital and ZhenFund. 
In April 17th, UR Work, created by Mao Daqing, was formally established. Oriented to entrepreneurs and the majority of small and micro enterprises, UR Work, not only provides low cost co-working space, also equips with high-quality office supporting services and the service of entrepreneurship mentor practical guidance for acceleration, and with the help of entrepreneurial community, provides a channel for entrepreneurs with wide-range sociality and the resources integration in order to lower the pioneering threshold for entrepreneurs and accelerate the development process, and improve the success rate of innovation. 
Up to now, UR Work has signed 36 sites, and expanded rapidly in seven key cities, including Beijing, Shanghai, Tianjin, Shenzhen, Xian, Nanjing and Qingdao. By the end of 2015, there will be seven sites opening, with more than 3000 workstations.