Linux software company Red Hat is lending a hand to local startups who are tenants of the American Underground’s business incubators and need access to office space in the Silicon Valley.
Raleigh-based Red Hat announced Tuesday that it has teamed up with the American Underground to offer shared office space in its Mountain View, Calif. offices.
The space, dubbed the American Underground Foxhole, will be available free to the 150 tenants in American Underground’s three business incubators in Durham and Raleigh.
"We'll be providing entrepreneurs with access to work stations, meeting enclaves and conference rooms typically used for Red Hat customer meetings,” Louise Chapman, Red Hat’s global senior manager of workplace planning, said in a statement. “Entrepreneurs visiting the Red Hat Mountain View office will have to schedule their visit in advance with our Mountain View office manager.”
Entrepreneurs won’t be able to use the space to meet with clients or investors, “but this is something we may revisit should the demand require,” Chapman added.
“With so much of the money and many of the customers and partners for the Triangle’s startups located in the Bay area, having a fractional business workspace available out there at no cost can be a huge enabler,” John Cambier, founding managing partner of Triangle venture capital firm IDEA Fund Partners, said in a statement.