Meraki
Latest round
- Series D
Last raised
- Jun 2012
Total raised
- $81M
Investors
- 5
About Meraki
Meraki, LLC delivers cloud-managed IT solutions that enhance connectivity and security for businesses globally.Founded in 2006, Meraki, LLC operates from its headquarters in San Francisco, US, specializing in cloud-managed IT solutions. The company was acquired by Cisco Systems, Inc.2 billion, which yielded USD 400 million for Sequoia Capital.Cisco Meraki specializes in cloud-managed IT solutions, providing a comprehensive suite of products designed to enhance connectivity and security across diverse environments. Their core offerings include wireless access points, switches, security appliances, mobile device management, smart cameras, and IoT devices, all functioning under a cohesive Meraki Dashboard platform. This dashboard serves as a centralized interface for monitoring, managing, and optimizing network performance, which is especially critical for businesses adapting to hybrid workforces and remote operations. The company targets various industries, including financial services, healthcare, education, and retail, serving a diverse client base that includes local governments, educational institutions, and large enterprises across global markets such as North America, Europe, and Asia-Pacific.Cisco Meraki’s revenue model is structured around subscription-based services, allowing clients to access their cloud-managed IT solutions through various pricing plans that cater to individual business needs. This typically involves annual subscriptions for network hardware and software, enabling clients to scale their services according to their specific requirements. Transactions occur directly between Cisco Meraki and its clients, primarily in a B2B context, where businesses implement these technologies to enhance their operational capabilities and security measures. The company’s flagship products, such as their wireless access points and security appliances, are integral to this model, as they not only provide immediate connectivity solutions but also include ongoing support and software updates as part of the subscription.Following the acquisition by Cisco, Meraki is positioned for strategic growth utilizing the robust resources of its parent company. Specific new products are being designed to meet the evolving needs of a diverse client base. The focus will be on expanding into international markets, particularly targeting Europe and Asia-Pacific regions in the coming years. The combination of Cisco's extensive distribution channels and Meraki's innovative solutions aims to increase their market share and strengthen their position in the IT solutions sector.
Who invested in Meraki
5 investors across 5 rounds
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Questions about Meraki
Who invested in Meraki?
Meraki has 5 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Meraki raised?
Meraki has raised 5 venture rounds. Sign up free to see how much each round raised and the total.
When did Meraki last raise money?
Meraki's most recent round on record is a Series D, in Jun 2012.
What does Meraki do?
Meraki, LLC delivers cloud-managed IT solutions that enhance connectivity and security for businesses globally.
Where is Meraki headquartered?
Meraki is headquartered in San Francisco, US.
Which VCs invest in companies like Meraki?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back it infrastructure companies at Meraki's stage. Their profiles are linked below.
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