WeWork deepens technology offering by acquiring spatial analytics leader Euclid
GROWTH & INNOVATION
The We Company Team
February 11, 2019
It’s human nature to draw energy from the environment that surrounds us. The workplace, where we spend so much time, can have a big impact on our productivity each day—whether we’re hunkering down in a brainstorming session, unwinding in a common area to enjoy a coffee break with colleagues, or participating in a lunch-and-learn program that empowers our career development.
Since its founding, Euclid’s San Francisco-based team has built a proprietary analytic offering that uses WiFi signals to understand how space is used without the installation of any additional hardware. Through this deal, Euclid will become completely integrated within WeWork. Its team and capabilities will now focus on accelerating the development of a workplace-insights solution.
“Euclid has been focused on developing the world-leading technology platform that paves the way for more compelling, efficient, and relevant experiences in the physical world,” said Brent Franson, CEO of Euclid. “With an ambitious vision, aligned mission, and amazing team, WeWork couldn’t be a better home for Euclid’s next chapter. We’re excited to join WeWork in redefining the workplace experience of the future.”