Low-cost WiFi router maker Meraki grabbed $5 million
Meraki Networks, the low-cost wireless router maker backed by Google, grabbed $5 million in a first round of funding. The round was led by Sequoia Capital, which also backs Fon wireless network.
VentureBeat explains how it works. “A hundred routers were installed to cover 400 apartment units, housing about 1,000 people. A philanthropist paid $4,999 to supply the routers. The upside is, the project required only five DSL connections, and each person enjoyed the same broadband quality as they would normally from a single connection, chief executive Sanjit Biswas tells VentureBeat. The end result: Instead of each person paying $20 a month for a reliable Internet connection, they’re only paying about $1 a month, he says.”
Although this sounds amazing, we wonder how the situation turns out when all of the 400 apartments are making VoIP phone calls, watching videos or downloading big files. Another point is Meraki routers are relying on the MIT’s Roofnet WiFi project, and that the software is based on the 802.11b WiFi, now obsoletes by the 802.11g and soon the 802.11n WiFi standards.
Feb 5, 2007 | By Nuno