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Meru Networks
Meru Networks supplies wireless networking solutions such as WLAN system and Air Traffic Control to enterprises and different industries
About Meru Networks
Meru Networks, established in 2002 by Dr. B.V. Jagadeesh, was a company focused on providing wireless networking solutions. The firm was headquartered in Sunnyvale, California, and catered to a global market with operations across the Americas, Europe, the Middle East, and Asia Pacific. Jagadeesh, who also co-founded and served as CEO of Netscaler, brought his extensive experience in the technology sector to Meru, serving as its President and CEO. His journey reflects a deep engagement with network infrastructure, a theme central to Meru's operations.
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The company's core business revolved around a centralized architecture for Wi-Fi networks, which contrasted with the more common channel-hopping approach used by competitors. Meru's solution utilized virtualization technology to create a single-channel, intelligent, and self-monitoring wireless network. This design aimed to provide a more stable and predictable wireless experience, particularly for high-density environments and business-critical applications like voice and video over Wi-Fi. The target clientele included a wide array of sectors such as education, healthcare, hospitality, and large enterprises. Their product portfolio included access points, controllers, and network management software designed to simplify deployment and ensure reliable service delivery.
A significant milestone in the company's history was its initial public offering (IPO) in March 2010, which raised approximately $74 million. Throughout its existence, Meru positioned itself as a provider of robust wireless infrastructure capable of handling increasing capacity demands and ensuring secure access for all users. The company's journey culminated in May 2015 when it was acquired by Fortinet, a global leader in cybersecurity solutions, for $44 million. This acquisition integrated Meru's wireless technology into Fortinet's broader portfolio, aiming to provide a comprehensive, secure, and unified wired and wireless network solution.
Latest news
Press, funding announcements and product moves mentioning Meru Networks.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITIONOther financing | May 2015 | $44M | $44M | Fortinet | — |
| DEBTDebt | Jun 2012 | $12M | — | Western Technology Investment | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Meru Networks is 580 monthly website visits, up 286.7% over the last three months. Meru Networks's team grew 0.7% over the past year.
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A9 investors entered at this stage
Clearstone Venture Partners
JumpStart Ventures
NeoCarta Ventures- BVBlueStream Ventures
Sierra Ventures- DVDot Edu Ventures
Evercore Partners
Monitor Ventures
BrainHeart Capital
Series B and later4 investors entered at this stage
Jumpstart-up
D.E. Shaw Group- V(Vision Capital Advisors (NYC)
Western Technology Investment
Other known investors1 additional known investor
Fortinet
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Meru Networks on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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