Meter

Meter

Provides managed networking solutions for businesses

About

Meter provides networking solutions for businesses, focusing on simplifying network design, installation, and maintenance. Their main service ensures reliable internet connectivity throughout office spaces by managing internal network infrastructure. Unlike traditional Internet Service Providers (ISPs) that connect businesses to the internet, Meter installs custom hardware for WiFi and ethernet coverage and offers 24/7 support for any network issues. Their business model includes a package of services that covers initial setup, hardware installation, and ongoing management, allowing companies to concentrate on their core operations without connectivity concerns. Meter aims to be a comprehensive solution for businesses looking to outsource their networking needs.

Company Stage

N/A

Employees

51-200

Industries

Hardware, Enterprise Software

Total Funding

$82.7M

Headquarters

N/A

Founded

2015


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Simplify's Take

What believers are saying

  • The recent $35 million funding round led by prominent investors like Sam Altman and Lachy Groom positions Meter for significant growth and product development.
  • The launch of the Meter Partner Program opens new revenue streams and expands their market reach through collaborations with VARs, MSPs, ISPs, and TSDs.
  • Acquisitions like Interval demonstrate Meter's commitment to scaling operations and improving efficiencies, which can lead to better service delivery and customer satisfaction.

What critics are saying

  • The competitive landscape of networking solutions is intense, with numerous established players potentially limiting Meter's market penetration.
  • Reliance on partnerships and acquisitions for growth could lead to integration challenges and potential operational disruptions.

What makes Meter unique

  • Meter focuses exclusively on managing internal network infrastructure, unlike traditional ISPs that only handle external connections.
  • Their Network as a Service (NaaS) model offers a comprehensive package including setup, hardware, and ongoing support, providing a seamless experience for businesses.
  • Partnerships with industry leaders like Cloudflare for DNS Security enhance their service offerings and credibility.

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Growth & Insights
Headcount

6 month growth

10%

1 year growth

34%

2 year growth

45%

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