WeWork has acquired venture-backed Fieldlens
WeWork, the seven-year-old, New York-based co-working juggernaut that more recently entered into the business of co-living, has been making a series of small acquisitions with some of the $1.8 billion that it has officially gathered from investors.
Its latest acquisition: Fieldlens, a 5.5-year-old mobile communication system for the construction industry that aims to replace calls, texts, emails and all the other back and forth that’s typically sent between building owners, contractors, subcontractors, architects and everyone else involved in a construction project.
WeWork was already one of Fieldlens’ biggest customers and, as an early adopter — says WeWork’s chief product officer, David Fano, in a new blog post about the acquisition — the company has “seen first-hand what connected front-line teams can accomplish.”
Read the full article in TechCrunch.