The round was led by Hemant Taneja at General Catalyst, with new and existing investors such as Baillie Gifford, Lachy Groom, J.P. Morgan, Microsoft, Sequoia Capital, Tishman Speyer, WndrCo, and 53 Stations.

Meter provides internet infrastructure for businesses. Alongside their partners, Meter handles everything needed to get great internet, networking, Wi-Fi, and cell coverage in a space. Their unified networking stack-across hardware, software, and operations-is purpose-built, scalable, and delivered as a service for one predictable monthly fee. Today, some of the world's most ambitious companies and enduring institutions trust Meter to run their networks.