WeWork buys Welkio

Shared-office-space startup WeWork acquired Welkio, a visitor sign-in system for offices, the company said Friday in a blog post. Financial terms of the deal were not disclosed. Based in San Luis Obispo, California, Welkio was created in 2014 during a company hackathon at mobile agency Hathaway. WeWork recently raised about $430 million at a $16 billion valuation in a funding round led by private equity firm Hony Capital Ltd, reported the Wall Street Journal.

18 March 2016•1 min read
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