Marcus Mollmann has “moved on” from his role of CEO at full-service storage company Closetbox and has plans to launch a new venture in the near future.

Mollmann told the SpareFoot Storage Beat that the reason for his departure was due to “a difference in strategic direction for the company” with the board of Closetbox. He declined to provide additional details.

Mollmann said that he was in the process of forming a new company that would be “live” in the next month. Again, he declined to provide additional details.

It appears that Closetbox has not yet tapped a new CEO as inquiries on Friday were referred to the company’s vice president of marketing and communications.

Mollmann founded Denver, CO-based Closetbox in 2014 when his wife became pregnant with twins and they quickly needed to make room for their growing family, according to the company’s website.

Mollmann had previously founded and sold three companies in the real estate technology space.

Earlier this year, Closetbox kicked off the new year by expanding into 10 new markets – bringing the total number of cities it serves across the United States to 88. In January, it also raised $7.3 million in a new round of Series A funding.

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Mary Ann Azevedo