AlleyCorp completed the acquisition of Meetup from WeWork.

AlleyCorp, a startup studio that invests in early-stage companies, completed the acquisition of Meetup, a service used to organize online groups that host in-person events for people with similar interests, from WeWork, an American commercial real estate company. Financial terms were not disclosed. "This acquisition provides the long-term capital to ensure that Meetup focuses on what is most important: the organizers who make Meetup successful, our passionate members, and our dedicated employees. We are excited to continue on our mission of empowering personal growth through real human connections, and I'm happy to have brought in a team of smart investors who share and support the same values," David Siegel, Meetup CEO.