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ACQUIRED COMPANY
 
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Meraki Networks  Acquired by Cisco Systems (2012 $ 1,200,000,000 )

660 Alabama St.
San Francisco, CA 94110
USA
415-632-5800
Website Company Summary Management Team
Board

Outside board: (May no longer be on the board) Nicholas K. Pianim (Corner Ventures Managing Director) Pasquale Romano (2Wire President/CEO) Douglas M. Leone (Sequoia Capital Managing Director)
Company

Business description: Meraki’s networking systems bring enterprise-class networking to organizations of all sizes. Meraki's unique cloud-hosted controller architecture provides centralized management and security though an intuitive web interface, eliminating the high costs and complexity associated with traditional networking systems. With intelligent, plug-and-play access points that are centrally managed over the web, Meraki networks are simpler, higher performance, and lower cost than traditional wireless networks. Every day, over 15,000 organizations in 140+ countries around the world rely on Meraki for their networks.
Customers include: CafePress.comStanford UniversityStarbucksToyota;  ABBE Regional Libraries;  ABHOW;  Alvin Independent School District;  Beaver Medical Group;  Best Western;  Brooklyn Public Library;  BT;  Burger King;  Century Care Management;  ClueCon;  Columbia Steel;  Comfort Inn;  Community Healthcare System;  Dinesol Plastics;  EPIC Management ;  FabriSteel;  Florida Coastal School of Law;  Foster Pepper;  Gulf;  Halperns' Purveyors of Steak and Seafood;  Horizon Bay;  Massachusetts Institute of Technology;  Palo Alto Unified School District ;  Piggly Wiggly;  Remington College;  Renton School District ;  Smith CurryAndHancock;  Sweet Briar College;  Westmont College;  ZGF;  ZGF Architects
Partners include: Accor North America
Capital

Rounds: 3
Recent Fundings: Feb 2011   Jan 2008
Capital raised: 40.8M
Last Round: 15.0M
Ownership: Acquired by Cisco Systems (2012 $ 1,200,000,000 )
Angels/other VCs: Paul Buchheit (FriendFeed);  Georges Harik (Google)
Corporate investors: Google

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Last Mentions


Overview
Record updated: Nov 2012
Sector: Communications
Headcount: 151-200 as of Dec 2010
Rounds: 3
Recent Fundings: Feb 2011   Jan 2008
Capital Raised: 40.8M
Last Round: 15.0M
Ownership: Acquired by Cisco Systems (2012 $ 1,200,000,000 )