Meter
Financials
Estimates*
USD | 2023 |
---|---|
Revenues | 8.1m |
Date | Investors | Amount | Round |
---|---|---|---|
N/A | $4.0m | Seed | |
N/A | $8.0m | Series A | |
* | $38.0m | Series B | |
* | $35.0m Valuation: $190m | Late VC | |
Total Funding | €77.3m |
Recent News about Meter
EditMeter, Inc. is a startup that specializes in providing comprehensive networking solutions for businesses. The company operates in the business networking market, targeting clients such as companies with IT teams and consultants who need to simplify the complexities of network design, installation, and maintenance. Meter's core service is to ensure that businesses have seamless and reliable internet connectivity throughout their office spaces.
Meter's business model revolves around partnering with businesses to manage their internal network infrastructure. While traditional Internet Service Providers (ISPs) like Verizon or Comcast handle the connection from the outside world to the office, Meter steps in to manage everything within the office. This includes installing custom-built hardware to ensure full WiFi and ethernet coverage, and providing 24/7 operational support to address any network issues that may arise.
The company makes money by offering these networking services as a package, which includes the initial setup, hardware installation, and ongoing management and support. Businesses pay Meter for the convenience of having a fully managed network, allowing them to focus on their core operations without worrying about connectivity issues.
In summary, Meter, Inc. is a one-stop solution for businesses looking to outsource their networking needs. By handling everything from hardware installation to ongoing network management, Meter ensures that businesses can operate smoothly without any connectivity disruptions.
Keywords: networking solutions, business internet, WiFi coverage, ethernet, IT support, network design, hardware installation, 24/7 support, ISP coordination, managed services.