Meter is an American technology company that provides internet infrastructure for businesses as an all-in-one, vertically integrated service. Founded in 2015 by brothers Sunil and Anil Varanasi and headquartered in San Francisco, the company builds enterprise networking infrastructure from the ground up, including its own hardware (firewalls, network switches, wireless access points, and PDUs), firmware, software, deployment operations, and support. Marketed as Network-as-a-Service (NaaS), Meter delivers reliable, secure, and scalable internet, Wi-Fi, and cellular connectivity for offices, warehouses, campuses, and data centers under a single monthly rate. Customers include Bridgewater, Lyft, and Reddit, and the company works with channel partners such as CDW, Microsoft, and WWT. In August 2024 Meter launched an AI tool called Command. As of its June 2025 Series C, the company was valued at over $1 billion.
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2015
Employees
201–500
Total Funding
$315.1M
4 rounds
Latest Valuation
$1B
June 12, 2025
Total raised $315.1M across 4 rounds
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Last updated 05-30-2026
Latest Round
Type
Series C
Date
June 12, 2025
Amount
$170M
Valuation
$1B
Lead Investors
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| June 12, 2025 | Series C | $170M | $1B | General Catalyst |
| February 2024 | Series B Extension | $35M | — | Sam Altman, Lachy Groom |
| May 18, 2022 | Series B | $38M | — | Sequoia Capital, Lachy Groom |
Anil Varanasi
Co-Founder & CEO
Sunil Varanasi
Co-Founder & CTO
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