Meter Raises $35 Million Investment Led By Sam Altman And Lachy Groom

RAISE IMAGE: Sam Altman, John Bicket, Anil Varanasi, Sanjit Biswas, Lachy Groom & Diane Greene DATE: 02/14/2024

COMPANY: Meter INVESTORS: Sam Altman, Sequoia Capital, Sanjit Biswas, Lachy Groom, John Bicket & Diane Greene

AMOUNT: $35,000,000

NOTE: Meter, a San Francisco internet infrastructure company led by CEO Anil Varanasi, secured $35M in funding. The round, led by Sam Altman and Lachy Groom, aims to accelerate growth for their Network as a Service (NaaS) solution. Meter simplifies network deployment and management through automation, providing visibility, configurability, and a centralized cloud-managed dashboard. They offer vertically integrated services from hardware development to ongoing maintenance, allowing customers like Brex and Stord to scale efficiently with reduced costs. This raise highlights the growing demand for simplified and automated network solutions for businesses.

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