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Meter’s full-stack approach to internet infrastructure combines hardware, software, and operations so that any company can easily set up and run a modern net...
Meter has raised $255.0M across 5 funding rounds.
Key people at Meter.
Meter was founded in 2015 by Sunil Varanasi (Founder) and Anil Varanasi (Founder).
Meter has raised $255.0M in total across 5 funding rounds.
Meter provides enterprise networking solutions, focusing on building reliable, secure, and high-performance networks through their own hardware and software.
Meter was founded in 2015 by Sunil Varanasi (Founder) and Anil Varanasi (Founder).
Meter has raised $255.0M in total across 5 funding rounds.
Meter's investors include General Catalyst, Founders Fund, Greylock, Hanabi Capital, IVP, LGF, Sequoia Capital, Dylan Field, Elad Gil, John Collison, Sam Altman, Scott Belsky.
Key people at Meter.
Meter is a San Francisco-based technology company building modern, enterprise-grade internet infrastructure for businesses. Its mission is to transform networking into a seamless, utility-like experience—making it as easy to set up and manage internet, Wi-Fi, and connectivity as turning on water or electricity. Meter’s full-stack approach integrates hardware, software, and operations, enabling companies of all sizes to deploy, manage, and scale reliable, secure networks with minimal friction. The company serves a broad range of enterprises, from startups to large organizations, solving the persistent pain points of legacy networking: complexity, cost, and lack of agility. With rapid growth, a $1B+ valuation in 2025, and a strong focus on innovation—including the launch of AI-powered network management tools—Meter is emerging as a key player in the future of enterprise connectivity.
Founded in 2015 by brothers Sunil and Anil Varanasi, Meter was born out of a frustration with the fragmented, expensive, and outdated state of enterprise networking. The founders, both with deep backgrounds in networking and infrastructure, saw an opportunity to build a new kind of network stack that could be deployed and managed as a unified service. Early on, they focused on bringing down hardware costs and simplifying operations, drawing inspiration from Moore’s Law and the evolution of data center economics. Their vision gained traction as more companies sought modern, scalable solutions, and Meter’s early adopters included ambitious startups and labs needing robust, flexible networks. The company’s public profile grew significantly in the last few years, culminating in the 2024 launch of Meter Command, an AI-driven tool for natural language network management.
Meter is riding the wave of digital transformation, where businesses increasingly demand agile, secure, and easy-to-manage connectivity. The rise of remote work, distributed offices, and IoT has made legacy networking solutions obsolete, creating a fertile ground for Meter’s utility-first approach. The company is also at the forefront of the Network-as-a-Service (NaaS) trend, which is reshaping how enterprises consume and manage infrastructure. By integrating AI and automation, Meter is not just simplifying networking but also laying the groundwork for autonomous networks—a vision that could redefine the entire industry. Its expansion into data centers and its ambition to become the “last networking company” position Meter as a foundational player in the next generation of internet infrastructure.
Meter’s trajectory suggests it will continue to expand its footprint, both geographically and across new verticals like data centers and autonomous networks. The company’s investment in AI and its focus on developer experience will likely accelerate adoption, especially as enterprises seek to reduce operational overhead and increase agility. The broader trend toward utility-like, on-demand infrastructure will only amplify Meter’s relevance, and its ability to scale and innovate could make it a dominant force in the networking space. As the world’s data traffic continues to grow exponentially, Meter’s ambition—to be the backbone of global connectivity—seems increasingly within reach. Just as water and electricity became utilities, Meter is poised to make networking a seamless, invisible part of the modern enterprise.
Meter has raised $255.0M across 5 funding rounds. Most recently, it raised $170.0M Series C in June 2025.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jun 1, 2025 | $170.0M Series C | General Catalyst | Founders Fund, Greylock, Hanabi Capital, IVP, LGF, Sequoia Capital, Dylan Field, Elad Gil, John Collison, Sam Altman, Scott Belsky, Vivek Patel, Lachy Groom, 53 Stations, J.P. Morgan, Microsoft, Tishman Speyer, WndrCo |
| Feb 1, 2024 | $35.0M Series B | Lachy Groom, Sam Altman | Founders Fund, Greylock, Hanabi Capital, Kepler Operator’s Fund, LGF, Nakul Gupta, Balaji Srinivasan, Cory Levy, Dylan Field, Elad Gil, Tyler Willis, Andrew Wilson, Akshay Kothari, Diane Greene, John Bicket, Sanjit Biswas, Amy Brooks, Sequoia Capital |
| May 1, 2022 | $38.0M Series B | Sequoia Capital, Lachy Groom | Andreessen Horowitz, Canaan Partners, Founders Fund, General Catalyst, Greylock, Hanabi Capital, Kepler Operator’s Fund, LGF, Nakul Gupta, Spark Capital, Yes VC, Balaji Srinivasan, Cory Levy, Dylan Field, Elad Gil, Howie Liu, John Collison, Sam Altman, Scott Belsky, Tyler Willis, Vivek Patel, John Bicket, Sanjit Biswas, Tobias Lütke, Diane Greene, Allen & Company, Rob Speyer, WndrCo |
| Jun 1, 2020 | $8.0M Series A | Founders Fund, Greylock, Hanabi Capital, LGF, Dylan Field, Elad Gil | |
| Dec 1, 2019 | $4.0M Seed | Kepler Operator’s Fund, Nakul Gupta, Balaji Srinivasan, Cory Levy, Tyler Willis |