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About Meter
Industries
Hardware
Enterprise Software
Company Size
51-200
Company Stage
Late Stage VC
Total Funding
$82.7M
Headquarters
San Francisco, California
Founded
2015
Overview
Meter provides networking solutions for businesses, focusing on simplifying network design, installation, and maintenance. The company ensures seamless and reliable internet connectivity within office spaces by managing internal network infrastructure. Unlike traditional Internet Service Providers (ISPs) that connect businesses to the internet, Meter installs custom hardware for full WiFi and ethernet coverage and offers 24/7 operational support for any network issues. Meter's business model includes a package of services that covers initial setup, hardware installation, and ongoing management, allowing businesses to concentrate on their core operations without connectivity concerns. The goal of Meter is to be a comprehensive solution for businesses looking to outsource their networking needs, ensuring smooth operations without disruptions.
Simplify's Take
What believers are saying
- Growing demand for NaaS solutions as businesses outsource networking needs.
- Partnerships with Microsoft and Cloudflare enhance Meter's service offerings.
- Recent $35 million funding round supports growth and product development.
What critics are saying
- Increased competition from tech giants like Cisco and Juniper Networks.
- Potential supply chain disruptions could affect hardware delivery.
- Evolving cybersecurity threats could damage reputation and client trust.
What makes Meter unique
- Meter offers a full-stack approach combining hardware, software, and operations.
- The company provides 24/7 operational support for seamless network management.
- Meter partners with businesses to manage internal network infrastructure, unlike traditional ISPs.
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Funding
Total Funding
$82.7M
Above
Industry Average
Funded Over
4 Rounds
Benefits
Health Insurance
Dental Insurance
Vision Insurance
401(k) Retirement Plan
401(k) Company Match
Unlimited Paid Time Off
Commuter Benefits
Parental Leave
Meal Benefits
Growth & Insights and Company News
6 month growth
↑ 1%1 year growth
↑ 2%2 year growth
↑ 0%Enterprise internet infrastructure provider Meter has entered a multi-year partnership with Microsoft with the aim of advancing high-performance networking systems.
SAN FRANCISCO--(BUSINESS WIRE)--Today, Meter, a leading provider of internet infrastructure solutions for businesses, announced the launch of the Meter Partner Program. With Meter's Network as a Service (NaaS) solution now powering tens of millions of square feet in over 125 cities, this new Partner Program represents a natural next step in the company’s long-term ambition to turn internet infrastructure into a utility. "Over the last few years, we've been fortunate to receive strong organic demand from some of the best partners in the industry to offer our Network as a Service solution to their customers,” shared Anil Varanasi, co-founder and CEO at Meter. "We're excited to launch our Partner Program formally. This program will bring together leading experts to help deliver the benefits of NaaS to more customers, while also providing a new and lucrative revenue stream for partners.". The new Meter Partner Program is for Value-Added Resellers (VARs), Managed Service Providers (MSPs), Internet Service Providers (ISPs), Technical Service Distributors (TSDs), and consultants who are deeply involved in the deployment and management of customer networks
Funding fuels Meter’s commitment to turn internet infrastructure into a utility, scale team, and meet surging customer growth.
Meter has raised an additional round of funding from repeat investors led by Sam Altman and Lachy Groom. This new round will help us grow, along with our customers. We plan on investing in our products, supply chain, and growing our team.
SAN FRANCISCO--(BUSINESS WIRE)--Meter, Inc., which builds internet infrastructure for businesses, today announced $35 million in funding that will be used to further propel growth and development across the company. Sam Altman and Lachy Groom led the new funding round. Existing investors include industry leaders such as Sequoia, Meraki co-founders John Bicket and Sanjit Biswas, and VMware founder Diane Greene. “Over the past decade, we set out to build a modern utility, and we’ve been making incredible progress towards that in the past year. Businesses are moving into spaces where Meter is already installed–they simply need to turn it on,” shared Anil Varanasi, CEO and Co-Founder of Meter. “We’ve also made significant progress in terms of customer growth and product development
Meter is Hiring for 6 Jobs on Simplify!
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About Meter
Industries
Hardware
Enterprise Software
Company Size
51-200
Company Stage
Late Stage VC
Total Funding
$82.7M
Headquarters
San Francisco, California
Founded
2015
Meter is Hiring for 6 Jobs on Simplify!
Find jobs on Simplify and start your career today