Meter, Inc., a company that provides internet infrastructure for businesses, announced it has secured $38 million in Series B funding in a round led by Sequoia Capital and Lachy Groom, with participation from industry leaders such as Meraki co-founders John Bicket and Sanjit Biswas, Diane Greene, Tobi Lütke, and WndrCo, who join existing investors Sam Altman, Scott Belsky, Patrick & John Collison, Sam Hinkie, Reid Hoffman, Claire Thielke, Allen & Company, and Tishman Speyer. The company has raised $50M to-date.

Meter provides internet infrastructure for businesses. Meter was founded in 2015 to build enterprise-grade networks that are faster, more accessible, and more secure. Customers like Brex, Evernote, Italic, Stord, and Tishman Speyer trust Meter to run their networks.