Meter Pioneers Next-Gen Networks with General Catalyst's $170M Series C Investment

General Catalyst Partners LLC has led a $170 million Series C funding round for Meter, a company actively reinventing enterprise networks. Meter addresses the issues of outdated hardware and fragmented, manually configured systems by offering a vertically integrated platform for network management. This modern approach not only offers real-time detection and correction of network failures but also reduces costs and operational issues associated with legacy systems. Meter's focus on automated, self-healing networks leverages AI to improve connectivity and performance for its customers, including large enterprises like Bridgewater, Lyft, and Reddit. The co-founders, Sunil and Anil Varanasi, have been lauded for their technical expertise and ambition in addressing foundational network issues. General Catalyst views Meter's innovations as foundational to modern enterprise operations.