Meter joined the Unicorn Club on June 12, 2025, after raising a $170M Series C funding round led by General Catalyst. The San Francisco-based company provides enterprise internet infrastructure solutions, including hardware, software, and network management tools. Its offerings include network security appliances, switches, access points, power distribution units, and management software for security, visibility, and control. With a team of 11–50 employees, Meter serves companies of various sizes, providing scalable multi-site management and device solutions.
Keep reading to explore Meter’s funding journey, key investors, and what’s next for this innovative infrastructure platform.
What Is Meter and What Does It Do?
Founded in 2015, Meter is headquartered in San Francisco, California, United States. The company specializes in providing enterprise network hardware and software solutions, as well as lifecycle management, installation, and support services. Meter’s solutions are designed to scale across multi-site operations, offering visibility, security, and control for diverse network environments.
How Much Funding Has Meter Raised?
- Series C
- Amount Raised: $170M
- Date: June 12, 2025
- Lead Investors: General Catalyst
- Valuation at Round: $1B
- Motivation: To expand enterprise infrastructure solutions and enhance software capabilities.
Total Funding Raised: $315M
Current Valuation: $1B
Latest Funding Date: June 12, 2025
Key Investors
- General Catalyst
- Details: Growth-stage and early-stage technology investment firm.
- Investment Focus Areas: Enterprise software, technology infrastructure
- Notable Investments: Airbnb, Stripe, Snap
- Baillie Gifford
- Details: Investment management firm with a global focus.
- Investment Focus Areas: Technology, healthcare, infrastructure
- Notable Investments: Tesla, Coinbase, ByteDance
- J P Morgan
- Details: Global investment bank and financial services company.
- Investment Focus Areas: Technology, enterprise solutions, financial services
- Notable Investments: Various enterprise tech firms
Where Is Meter’s Headquarters?
Meter is headquartered in San Francisco, California, United States, providing access to a major technology hub, talent, and investor networks to support its enterprise infrastructure offerings.
What’s Next for Meter?
Meter plans to scale its enterprise infrastructure solutions globally, expanding adoption across multi-site operations. The company aims to strengthen its software and hardware capabilities, enhance lifecycle management services, and leverage its unicorn status and investor backing to drive further innovation, improve operational efficiency, and deliver robust, scalable network management solutions.
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