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Our Investment in Meter

Modernizing the Networking Stack for the Enterprise

Connectivity is no longer just a utility; it’s a strategic layer for modern enterprises. Enterprise networks, the foundational internet infrastructure that powers businesses, still rely on outdated hardware and a patchwork of siloed service providers. The result is fragmented systems that are manually configured, difficult to grow, and vulnerable to failure. And as real-time analytics, IoT, and AI workloads continue to scale, the demand for reliable, secure networks will only increase.

At General Catalyst, we believe enduring companies are built by reimagining critical infrastructure like networks from first principles. That’s why we’re proud to lead Meter’s $170M Series C. Meter has rebuilt the networking stack from the ground up, building towards a fully automated, self-healing network—one that detects and resolves issues in real time, without human intervention. Whether it’s rerouting traffic around a failed router or recovering from a misconfiguration, Meter’s system adapts to keep businesses connected. And by owning the full stack, it delivers improved connectivity and performance at a structurally lower cost and with fewer outages.

Reinventing the Network, Layer by Layer

Setting up enterprise networks often still requires a team of technicians and hours of on-site effort, with critical hardware components—like routers, switches, and wireless access points—all deployed separately without a unified software control layer. Meter replaces this fragmented setup with a vertically integrated platform that handles everything from hardware deployment to cloud-based network management.

The result is a software-defined network that is instantly operational. Whether it's an office of 50 or a global HQ of thousands, Meter makes the setup seamless and the operational capacity scalable. And compared to the complexity and overhead of legacy systems, we believe Meter customers experience stronger coverage, fewer outages, and less operational drag.

This full-stack network ownership also provides Meter with the ability to create a foundational model automate networking end-to-end. The model is trained on data across Meter’s networking stack, allowing it to understand the full network lifecycle and root causes of network problems, as opposed to repairing one-off problems. It’s an example of applied AI at the model layer, leveraging AI technology to develop purpose-built systems that better serve enterprise customers’ network needs. 

A Deep Tech Stack and the Right Team to Build It

We’ve known Meter co-founders Sunil and Anil Varanasi for years and have consistently been impressed by their clarity, ambition, and technical mastery. Reimagining enterprise networking requires core and embedded systems engineering expertise—the deep technical skill to build and optimize the foundational software that makes networks run reliably. It also demands real knowledge of the complex physical infrastructure and hardware these systems run on, combined with a willingness to solve critical foundational problems. 

As we see it, while many software engineers chase the latest trends, the Meter team gets up each day focused on making enterprise networking work better for real businesses. And their approach is already delivering results. Meter has been transformational for large enterprise businesses like Bridgewater, Lyft, and Reddit, and continues to grow quickly.

We believe Meter will become a foundational building block for modern enterprises, enabling operational resilience through next-generation networking. We’re excited to support the entire Meter team as they build the future of enterprise connectivity—software-driven, intelligent, and built to scale.

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