Meter Secures $35M in Funding
February 20, 2024, 7:38 pm
Meter, a San Francisco-based internet infrastructure company, recently secured $35 million in funding. Led by Sam Altman and Lachy Groom, with support from existing investors like Sequoia and Meraki co-founders, the company plans to use the funds to accelerate growth and development efforts.
Meter's Network as a Service (NaaS) solution offers networking teams an enhanced experience for network deployment and management. Through its cloud-managed dashboard, customers can easily schedule maintenance, fine-tune configurations, and gain a holistic view of their network. With a focus on simplifying automation and reducing overhead costs, Meter aims to streamline end-to-end operations for businesses.
Customers such as Brex, Higher Ground Education, and Veho have already benefited from Meter's services. The company's impact spans across various industries, including retail, logistics, manufacturing, and healthcare, powering customers in over 125 cities across the US and Canada.
CEO Anil Varanasi expressed excitement about the company's progress, highlighting the significant growth in customer logos and Annual Recurring Revenue (ARR). With a vision to build a modern utility for businesses, Meter continues to innovate and improve the connectivity stack, making internet infrastructure more secure and reliable for all industries.
Meter's dedication to providing a better product and experience for customers has been key to its success. By reimagining network deployment and administration, the company is paving the way for a more efficient and cost-effective approach to internet connectivity. With a focus on long-term vision and innovation, Meter aims to become a generational company in the internet infrastructure space.
In a world where internet connectivity is essential for businesses, Meter's NaaS offering stands out for its streamlined automation, visibility, and interoperability. By offering a comprehensive solution for network design, deployment, and management, Meter is empowering businesses to scale their operations with ease.
As Meter continues to grow and expand its reach, the company remains committed to providing top-notch services and solutions for businesses of all sizes. With a strong focus on customer satisfaction and innovation, Meter is poised to make a significant impact in the internet infrastructure industry.
Stay tuned for more updates on Meter's journey and the latest developments in the world of internet infrastructure.
Meter's Network as a Service (NaaS) solution offers networking teams an enhanced experience for network deployment and management. Through its cloud-managed dashboard, customers can easily schedule maintenance, fine-tune configurations, and gain a holistic view of their network. With a focus on simplifying automation and reducing overhead costs, Meter aims to streamline end-to-end operations for businesses.
Customers such as Brex, Higher Ground Education, and Veho have already benefited from Meter's services. The company's impact spans across various industries, including retail, logistics, manufacturing, and healthcare, powering customers in over 125 cities across the US and Canada.
CEO Anil Varanasi expressed excitement about the company's progress, highlighting the significant growth in customer logos and Annual Recurring Revenue (ARR). With a vision to build a modern utility for businesses, Meter continues to innovate and improve the connectivity stack, making internet infrastructure more secure and reliable for all industries.
Meter's dedication to providing a better product and experience for customers has been key to its success. By reimagining network deployment and administration, the company is paving the way for a more efficient and cost-effective approach to internet connectivity. With a focus on long-term vision and innovation, Meter aims to become a generational company in the internet infrastructure space.
In a world where internet connectivity is essential for businesses, Meter's NaaS offering stands out for its streamlined automation, visibility, and interoperability. By offering a comprehensive solution for network design, deployment, and management, Meter is empowering businesses to scale their operations with ease.
As Meter continues to grow and expand its reach, the company remains committed to providing top-notch services and solutions for businesses of all sizes. With a strong focus on customer satisfaction and innovation, Meter is poised to make a significant impact in the internet infrastructure industry.
Stay tuned for more updates on Meter's journey and the latest developments in the world of internet infrastructure.