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§ Private Profile · San Francisco, CA, USA
Meraki offered a complete system of networking products, doing away with market fragmentation so companies could leverage quality network connections. Now pa...
Meraki has raised $80.0M across 4 funding rounds.
Key people at Meraki.
Meraki was founded in 2006 by Sanjit Biswas (Founder) and Hans Robertson (Founder) and John Bicket (Founder).
Meraki has raised $80.0M in total across 4 funding rounds.
Cisco Meraki provides cloud-managed IT solutions including Wi-Fi, security, and networking products to enhance connectivity and operational efficiency.
Meraki revolutionized enterprise networking by offering a unified, cloud-managed system of hardware and software that eliminated the fragmentation typical of legacy networking vendors. Its product suite—spanning wireless access points, security appliances, switches, and centralized management dashboards—enabled organizations of all sizes to deploy, monitor, and scale their networks with unprecedented simplicity. Meraki’s customers ranged from small businesses to large enterprises, schools, and public sector organizations, all seeking reliable, easy-to-use networking solutions without the need for deep IT expertise. Under CEO Sanjit Biswas, the company achieved rapid growth, reaching a $120 million annual run rate before its acquisition by Cisco in 2012 for $1.2 billion, marking one of the largest exits in the networking space at the time.
Meraki was founded in 2006 by Sanjit Biswas, John Bicket, and Hans Robertson, all MIT graduates who met during their work on the MIT Roofnet project—a pioneering rooftop wireless network covering Cambridge, MA. Roofnet’s goal was to build a scalable, self-configuring wireless mesh network using low-cost hardware, which laid the technical foundation for Meraki’s products. The transition from academic research to commercial venture was catalyzed by unexpected market interest: after presenting their work at Google, Biswas was approached by someone eager to buy their routers, even though the product was still in prototype. This moment revealed the real-world demand for simple, cloud-managed networking, leading to Meraki’s founding. Early traction came from organizations frustrated with complex, fragmented networking solutions, and Meraki’s intuitive platform quickly gained adoption.
Meraki rode the wave of cloud adoption and the shift toward software-defined networking, arriving at a time when enterprises were struggling to keep up with the complexity of managing distributed networks. The rise of mobile devices and the demand for seamless connectivity made Meraki’s cloud-first approach particularly timely. By simplifying networking, Meraki helped democratize access to enterprise-grade technology, influencing not only competitors but also the broader trend toward SaaS-based infrastructure. Its acquisition by Cisco signaled a major shift in the networking industry, as legacy vendors began to embrace cloud-centric models to stay competitive.
Meraki’s legacy lives on as a blueprint for how hardware and software can be unified under a cloud-native philosophy. Its influence can be seen in the proliferation of cloud-managed networking solutions across the industry. For Cisco, Meraki became a cultural and technological catalyst, pushing the larger company to modernize its approach. Looking ahead, the trend toward integrated, software-driven infrastructure will only accelerate, with Meraki’s early innovations continuing to shape the evolution of enterprise networking. As organizations demand ever-greater simplicity and scalability, Meraki’s original mission—to make networking accessible and manageable for everyone—remains as relevant as ever.
Key people at Meraki.
Meraki has raised $80.0M across 4 funding rounds. Most recently, it raised $40.0M Debt / Other Equity in July 2012.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jul 10, 2012 | $40M Debt Financing | — | Northgate Capital, Sequoia Capital | Announced |
| Feb 1, 2011 | $15M Series C | Sequoia Capital | First Round Capital, IVP, Rocketship.vc, SV Angel | Announced |
| Dec 1, 2007 | $20M Series B | — | Felicis Ventures, First Round Capital, Flex Capital, IVP, Rocketship.vc, Sequoia Capital, SV Angel, The HIT Forge, Uncork Capital, Georges Harik, DAG Ventures, Northgate Capital | Announced |
| Feb 1, 2007 | $5M Series A | — | First Round Capital, IVP, Rocketship.vc, Sequoia Capital, SV Angel | Announced |
Meraki was founded in 2006 by Sanjit Biswas (Founder) and Hans Robertson (Founder) and John Bicket (Founder).
Meraki has raised $80.0M in total across 4 funding rounds.
Meraki's investors include Northgate Capital, Sequoia Capital, First Round Capital, IVP, rocketship.vc, SV Angel, Felicis Ventures, Flex Capital, The Hit Forge, Uncork Capital, Georges Harik, DAG Ventures.