NeueHouse, which offers co-working space and a private-club membership, raised $30 million this month from outside investors and hired new leadership. Both moves are part of an effort to jump-start a company that has stalled while the popularity of shared office space has taken off, according to an article this week in The Wall Street Journal.

“In addition to offering office space on a short-term basis, NeueHouse features cultural events like advance film screenings, guest speakers from the arts and entertainment industries and public spaces decorated with work by local artists. The New York location recently hosted a literary event with musician Laurie Anderson and former Vanity Fair editor Graydon Carter, while the L.A. branch was the scene of Netflix Inc.’s Emmy afterparty and will host GQ’s Man of the Year awards next month,” according to the article.

The company has plans to expand into smaller cities in the U.S.

“New locations will aim to reflect their surroundings through architecture and interior design but will continue to share a common emphasis on social and cultural activities.”