meraki

Meraki, the cheap Wi-Fi guys, get $20 million

Meraki, a start-up that hopes to bring cheap Wi-Fi to the emerging world, has raised $20 million in a second round of funding.

The company, which grew out of a Ph.D. thesis at MIT, has created inexpensive routers and a back-end networking service that balances available bandwidth between the routers and users. The end result is that the available bandwidth is used more efficiently, according to Sanjit Biswas, Meraki's CEO and co-founder.

"There are a small number of Internet connections, but they are repeated by a large number of radios" in networks based on the company'… Read more