O’Melveny has represented Honeywell International Inc in its equity investment in Theatro Labs, an in-store, mobile workforce communication and management solutions company.
Texas-based Theatro brings IoT, AI and workforce-optimised apps together in a “hardware-enabled” SaaS offering to provide companies in gaming, hospitality, retail, and manufacturing mobile solutions for hourly employees.
Theatro complements Honeywell’s efforts to provide deskless workers IoT-generated data and insights, and through its relationship with Honeywell’s Safety and Productivity Solutions business, equips every hourly employee with more mobile, hands-free information.
Based in North Carolina, Honeywell Ventures invests in early stage, high-growth companies around the world with disruptive technologies.
The O’Melveny team was led by partner Einat Meisel and included associate Bhavreet Gill.