Tuesday, February 06, 2007

VentureBeat » Meraki raises $5M to “connect the next billion people”#more-3313

"Want a dirt cheap Internet connection for everyone in your apartment building? Meraki Networks offers a way.
The Mountain View start-up provides cheap Wireless Internet connections to people by selling $49-a-piece “mesh” routers, or routers that connect with each other to extend the range of a single Internet connection. Meraki has just raised $5 million in a first round of venture capital, led by Sequoia capital. That follows under $1 million obtained from Google and other individual investors."

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