Meter, a start-up based in San Francisco, announced $170 million in a Series C funding round led by Hemant Taneja of General Catalyst. The round includes participation from new and existing backers, such as Baillie Gifford, Lachy Groom, J.P. Morgan, Microsoft, Sequoia Capital, Tishman Speyer, WndrCo, and 53 Stations.
Founded in 2015, Meter provides fully integrated, scalable network infrastructure for businesses—combining enterprise-grade hardware, firmware, software, installation, and support into a single managed service. Its offering includes internet, Wi-Fi, and cellular connectivity optimized for offices, warehouses, campuses, and data centers.
Meter’s differentiated approach lies in building and managing the full networking stack from the ground up. Its model simplifies procurement and deployment for enterprise IT teams, reducing complexity while ensuring reliable connectivity. Current customers include major names like Bridgewater, Lyft, and Reddit. Channel partners such as CDW, Microsoft, and WWT are also expanding Meter’s market reach.
With the internet now fundamental to every business process, Meter positions itself as the infrastructure layer powering this dependency. The company claims its platform is designed to meet growing bandwidth and security demands across distributed enterprise environments.
The company has attracted a who’s who of tech investors, including Sam Altman, Reid Hoffman, Diane Greene, Sanjay Jha, the Collison brothers (Stripe), and Shopify’s Tobi Lütke. With this latest funding, Meter plans to further accelerate R&D, expand go-to-market operations, and grow its footprint in both new and existing markets.
“The bet with Meter is simple: the world’s reliance on the internet will only grow,” the company said in its announcement. “The only way this growth holds together is if the networking infrastructure, the invisible plumbing of every application, space, and data center, stays ahead of demand.”
