100state’s Growth Highlights Increasing Popularity of Coworking

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to their physical headquarters than in the past.

St. Fort says that the large software companies with employees who work from 100state’s offices include IBM (NYSE: IBM) and Salesforce (NYSE: CRM).

While some members of the organization are remote employees at Fortune 500 companies, the 100state community also includes many entrepreneurs. AltusCampus and Markable are among the Madison-based startups that have worked or currently work from the coworking space.

Another is Redox, which develops software to help broker connections to electronic health records systems used at hospitals and clinics. The company, whose founding team has some overlap with that of 100state, recently moved into new offices east of Madison’s downtown.

St. Fort says 100state was able to sustain Redox’s growth for a while, but eventually the company got too big for the space it leased there. Not long after bidding Redox adieu, 100state welcomed in new tenants.

“Redox got space of their own, then three new companies came in,” St. Fort says.

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Jeff Buchanan is the editor of Xconomy Wisconsin. Email: jbuchanan@xconomy.com Follow @_jeffbuchanan

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