Meridian

Portland, United States Founded: 2011 • Age: 15 yrs Acquired By Aruba Networks
Indoor GPS apps for enterprise location-based venues are developed.
Annual revenue - Latest available
Total funding $2.9M 3 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products - Services tracked
Competitors 11 Brand Intelligence

About Meridian

Meridian is a company based in Portland (United States) founded in 2011 was acquired by Aruba Networks in May 2013. Meridian has raised $2.92 million across 3 funding rounds from investors including HPE Aruba Networking, Bellingham Angel Group and Oregon Venture Fund. Meridian operates in a competitive market with competitors including Topcon Positioning, Inertial Labs, Sensoro, MazeMap and Waymap, among others.

  • Headquarter Portland, United States
  • Sectors
    Retail
    Technology Industrial Goods & Manufacturing
  • Phone
    Locked
  • Website
    Locked
  • Social
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  • Legal Name Meridian Apps, Inc
Operational Areas
Retail → Retail Technology & Automation Unlock Sub-Sector Unlock Segment
Technology → Geospatial, Imaging & Sensing Technology Unlock Sub-Sector Unlock Segment
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Industrial Goods & Manufacturing → Security, Surveillance & Safety Systems Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $2.92 M (USD)

    in 3 rounds

  • Latest Funding Round
    $975 K (USD), Seed

    Aug 29, 2012

  • Investors
  • Employee Count
    Not available
  • Acquired by
    Aruba Networks

    (May 16, 2013)

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Funding Insights of Meridian

Meridian has successfully raised a total of $2.92M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $975 thousand completed in August 2012. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Meridian

Meridian has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include HPE Aruba Networking, Bellingham Angel Group and Oregon Venture Fund.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
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Funding is provided to innovative startups in Oregon.
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Cloud-based enterprise networking equipment and solutions are developed.
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Investor details for Meridian

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Investments & Acquisitions by Meridian

Investments
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Investment portfolio details for Meridian

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Financial Statements - Meridian

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Detailed financials for Meridian

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Meridian Comparisons

Meridian Primary company
Description
Indoor GPS apps for enterprise location-based venues are dev...
Location
Portland, United States
Founded Year
2011
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Meridian

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Competitors of Meridian

Meridian operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Topcon Positioning, Inertial Labs, Sensoro, MazeMap and Waymap, among others.

Company Name Domain Founded year HQ Location Description
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Provides precision positioning systems for infrastructure and farming sectors.
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Inertial navigation systems are supplied for positioning and tracking solutions.
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iBeacon provider and manufacturer
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Indoor positioning and navigation systems are provided for buildings.
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Navigation support is offered indoors and outdoors via smartphone sensors.
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Location tracking solutions are provided for devices using signal detection.
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Detailed competitors of Meridian

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Latest news on Meridian

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Complete news archive for Meridian

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Frequently Asked Questions about Meridian

Meridian was founded in 2011.

Meridian is headquartered in Portland, United States. It is registered at Portland, Oregon, United States.

Meridian is a funded company, having raised a total of $2.92M across 3 funding rounds to date.

Detailed information about Meridians operations, sectors, or solutions is not available from the provided content. The website lacks specific data regarding the companys focus, industry involvement, or offerings.

Meridian's top competitors include Inertial Labs, Rx Networks and Qianxun.

Meridian has 3 investors. Key investors include HPE Aruba Networking, Bellingham Angel Group, and Oregon Venture Fund.

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