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Meru Networksrevenue, acquisition & funding

Other Collaboration SoftwareSunnyvale, CaliforniaFounded 2002

Meru Networks was acquired by Fortinet.

Meru Networks is an Other Collaboration Software company based in Sunnyvale, founded in 2002.

merunetworks.comLinkedInUpdated Feb 7, 2022
Annual revenue
$21.4M
Apr 2021
Owner
Fortinet
Date not on record
Total raised
$178.6M
7 rounds
Employees
315
Apr 2021

Meru Networks revenue

Meru Networks' annual revenue was $21.4M in April 2021, its last figure before Fortinet bought it (source not recorded).

$0
$10M
$20M
$21.4M
2021
ReportedOne figure per year; a reported figure wins over an estimate
As ofRevenueSource
Apr 2021$21.4M–

– source not recorded

Who owns Meru Networks

Fortinet owns Meru Networks. The date and price of the deal are not on record.

Meru Networks funding rounds & investors

Meru Networks has raised $178.6M across seven rounds since 2002. The latest was a $57M funding round in August 2009.

DateRoundRaised
Aug 2009Funding round$57M
Apr 2009Funding round$30M
2007Funding round$27.6M
May 2006Funding round$25M
Jun 2005Funding round$12M
Apr 2004Funding round$17M
Nov 2002Funding round$10M
Total raised$178.6M

Meru Networks CEO, founders & employees

Kyle Brien founded Meru Networks in 2002 and led it as CEO. Meru Networks had 315 employees (April 2021).

0
100
200
300
315
2021
ReportedOne figure per year; a reported figure wins over an estimate

Meru Networks FAQ

What was Meru Networks' revenue?

Before Fortinet bought it, Meru Networks' annual revenue was $21.4M in April 2021 (source not recorded).

Who owns Meru Networks?

Fortinet owns Meru Networks.

How much funding has Meru Networks raised?

Meru Networks raised $178.6M across seven funding rounds before Fortinet bought it. The last was a $57M funding round in August 2009.

How many employees does Meru Networks have?

Meru Networks had 315 employees in April 2021.

Who founded Meru Networks?

Kyle Brien founded Meru Networks in 2002.

How this page is sourced

Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice.

Updated Feb 7, 2022Data disclaimerReport a correctionClaim this profileRun Meru Networks? Join the podcast