Tag: Latch
Latch launches DPM, acquires The Broadway Company’s property management division
March 28, 2024SSN Staff
BOSTON & ST. LOUIS – Latch, soon to be Door.com, have announced the launch of its property management division, Door Property Management, LLC (DPM), and the acquisition of the property management business of The Broadway Company (TBC).
Latch’s acquisition will enable DPM to collect insights from direct management on a small portfolio of units in the Boston area, the company said. Latch stated that this strategic acquisition represents an opportunity for them to operate the entire property...
Latch unveils new campaign, ‘Don’t Die, Get NOI’
February 14, 2024SSN Staff
ST. LOUIS – Latch, Inc., soon to be rebranded to Door.com, has unveiled a new marketing campaign: “Don’t Die, Get NOI.”
As part of the campaign, Latch has launched a suite of new, affordable smart sensors and IoT products for apartment buildings to enable facilities managers to monitor their buildings from the Latch Manager app. All of the sensors work alongside the current suite of Latch locks and access control solutions.
“Our vision is to deliver affordable...
Latch announces 48,000-square-foot HQ, new jobs in St. Louis
September 18, 2023SSN Staff
ST. LOUIS – Latch, which will soon be known as Door.com, announced that it’s moving its headquarters from New York City to St. Louis.
The new HQ will be located at 1220 N. Price Road in the Olivette community, and features both warehouse and office space, bringing all inventory and select core business functions together under one roof. The company believes this streamlining of activities in St. Louis will enable better support to its customers and will continue to drive more operational...
Latch announces first installation with Marks USA locks
May 30, 2023SSN Staff
NEW YORK & SOUTH ORANGE, N.J. – SaaS platform Latch has announced the completion of its first installation of Marks USA's ArchiTech Series Networx Locks at Meridia Living’s Meridia Village Commons in New Jersey.
Powered by Latch, these locks were installed at the Meridia Village Commons in South Orange, N.J. Latch stated that residents in the 106 units of the recent construction will benefit from their smart access technology and features like flexible unlock methods, and...
An Honest Day’s Work for an Honest Day’s Pay
May 17, 2023Ken Showers, Managing Editor
I’d say mark it on the calendar, but you’ll find I’m wrong more often than not when it comes to predicting corporate news and my earlier predictions about Latch were wrong, at least for now.
Most of the time when I hear about Latch, Inc. the news is bad, dire even. First layoffs, then lawsuits, a delisting notification from NASDAQ. Really, I didn’t feel like I was too out of line suggesting a buyout was in Latch’s future. But I can still be surprised, because Latch...
Latch announces Latch T and Latch Link devices
October 12, 2022SSN Staff
NEW YORK – Latch Inc. the maker of LatchOS, has introduced a pair of new products that provide new options for retrofit property operators.
Latch T,a nd Latch Link allow owners of retrofit properties the ability to update their spaces with, “…unprecedented affordability and speed” Latch said in a release. The products can upgrade a customer’s existing buildings with a universal (and mobile first) access and intercom within a matter of minutes. Combined with...
Latch partners with WeWork to provide NYC apartment residents with workspace
September 14, 2022SSN Staff
NEW YORK – SaaS provider Latch announced that it is partnering with global flex space provider WeWork to provide residents of Latch-enabled multifamily buildings in New York with WeWork all-access memberships.
Those residents will be able to use WeWork All Access to gain access to WeWork’s portfolio of flexible office space. The partnership, Latch says, is the first of its kind for the brands and is representative of the demand seen with the rise of the work from home environment...
Latch layoffs a symptom of slowing tech sector despite strong jobs report
August 16, 2022Ken Showers, Managing Editor
NEW YORK – Last week, smart access SaaS company Latch Inc. announced restructuring in order to increase its operating efficiency.
In the official press release, the company stated the August workforce reduction would affect 115 employees, 37 percent of its full-time employees. “Under this plan, Latch will renew its focus on higher margin activities with customers, continue to grow new high margin recurring revenue, and more closely align its organizational structure...
Latch partners with NAPCO/Marks USA, dormakaba and TownSteel
November 16, 2021SSN Staff
NEW YORK—Latch, Inc., maker of LatchOS, the full-building enterprise software-as-a-service (SaaS) platform, announced new partnerships with Marks USA, a division of NAPCO Security Technologies, and TownSteel, Inc., along with an intended partnership with dormakaba Holding AG.
The powerful combination of these partnerships should bring LatchOS to even more residents, property managers, and guests, and help accelerate Latch’s growth across new market segments, lock formats, and verticals.
“From...
Latch names Lee Odess as GM of New Market Development
October 21, 2021SSN Staff
NEW YORK—Latch, maker of the full-building enterprise software-as-a-service (SaaS) platform LatchOS, announced that Lee Odess has joined its leadership team as General Manager of New Market Development.
“As we continue to build upon our vision for LatchOS and expand our foothold in the market, our team is laser focused on finding new ways to deliver on our promise of making all spaces better,” said Latch Chief Product Officer and Co-Founder Dhruva Rajendra. “Lee has spent...