About Meru Networks
Meru Networks is a company based in Sunnyvale (United States) founded in 2002 was acquired by Fortinet in May 2015. Meru Networks has raised $221.13 million across 7 funding rounds from investors including Fortinet, D. E. Shaw Group and Evercore. The company has 221 employees as of March 27, 2024. Meru Networks operates in a competitive market with competitors including Access Networks, Newbury Networks and Bartiqo, among others.
- Headquarter Sunnyvale, United States
- Employees 221 as on 27 Mar, 2024
- Stage Public
-
Sectors
Technology
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Fortinet Innovation Centre India Private Limited
- Date of Incorporation 16 Oct, 2003
- Jurisdiction Bangalore, Karnataka, India
-
Annual Revenue
$6.75 M (USD)11.52as on Mar 31, 2016
-
Net Profit
$553.72 K (USD)2.58as on Mar 31, 2016
-
EBITDA
$1.31 M (USD)-3as on Mar 31, 2016
-
Total Equity Funding
$221.13 M (USD)
in 7 rounds
-
Latest Funding Round
$22 M (USD), Series E
Jun 01, 2009
-
Investors
Fortinet
& 12 more
-
Employee Count
221
as on Mar 27, 2024
-
Acquired by
Fortinet
(May 26, 2015)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
People of Meru Networks
Unlock access to complete
Funding Insights of Meru Networks
Meru Networks has successfully raised a total of $221.13M across 7 strategic funding rounds. The most recent funding activity was a Series E round of $22 million completed in June 2009. 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 Meru Networks
Meru Networks has secured backing from 13 investors, including venture fund and institutional investors. Prominent investors backing the company include Fortinet, D. E. Shaw Group and Evercore.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
An international investment group focused on sustainable value creation.
|
Locked | Locked | Locked | |
|
Early-stage US companies are invested in by Clearstone Venture Partners.
|
Locked | Locked | Locked | |
|
-
|
Locked | Locked | Locked |
Investor details for Meru Networks
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Meru Networks
Investment portfolio details for Meru Networks
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - Meru Networks
Detailed financials for Meru Networks
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Meru Networks Comparisons
Peer comparison for Meru Networks
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Meru Networks
Meru Networks 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 Access Networks, Newbury Networks and Bartiqo, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Advanced plug-and-play networking services for smart homes are provided.
|
|
| Locked | Locked | Locked |
Online platform for slot games and cash rewards with secure deposits.
|
|
| Locked | Locked | Locked |
Delivers enterprise networking management solutions for businesses.
|
Detailed competitors of Meru Networks
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Meru Networks
Complete news archive for Meru Networks
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Meru Networks
Meru Networks was founded in 2002 and raised its 1st funding round 2 years after it was founded.
Meru Networks is headquartered in Sunnyvale, United States. It is registered at Sunnyvale, California, United States.
Meru Networks is a funded company, having raised a total of $221.13M across 7 funding rounds to date.
As of Mar 27, 2024, the latest employee count at Meru Networks is 221.
Annual revenue of Meru Networks is $6.75M as on Mar 31, 2016.
Meru Networks was founded in 2002 in Sunnyvale, United States, within the telecommunications sector. Wireless infrastructure solutions are developed and marketed to support enterprise wireless needs, serving clients such as Fortune 500 companies. Operations focus on delivering LAN environments via cloud through Air Traffic Control. The WLAN System is provided to ensure predictable bandwidth and over-the-air quality of service, enabling converged voice and data services on a single infrastructure.
Meru Networks's top competitors include Access Networks, Newbury Networks and Bartiqo.
Meru Networks has 13 investors. Key investors include Fortinet, D. E. Shaw Group, Evercore, Vision Capital, and Clearstone Venture Partners.