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Data Center News > Blog > Global Market > Meter secures $170 million to scale NaaS stack from the ground up
Global Market

Meter secures $170 million to scale NaaS stack from the ground up

Last updated: June 21, 2025 10:09 pm
Published June 21, 2025
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The structure extends past conventional switching and routing. It encompasses energy distribution items, safety home equipment, wi-fi entry factors and mobile connectivity below a single administration airplane. This integration permits customized protocols for inter-device communication throughout all the infrastructure stack.

“We now have one thing that’s our personal safe protocol between all of this, on how information will get moved up and down,” he defined. “That features one thing so simple as like, ‘oh, I need to go add a VLAN,’ and the way will we really traverse each single a part of the stack, and that’s a full protocol that we’ve constructed on the again finish.”

Meter’s NaaS deployment mannequin

Meter was an early entrant within the NaaS house and has helped to outline what the deployment mannequin really appears like for customers. The corporate right now competes towards a bunch of different NaaS startup distributors together with Nile, Be a part of Digital and Ramen Networks, amongst others.

The way in which that Meter handles NaaS is it manages whole rack deployments together with design, set up and ongoing administration. The enterprise mannequin eliminates capital expenditures for purchasers via per-location, per-square-footage pricing. 

“Our enterprise mannequin is zero capital price, very marginal on the working price, and we’ll purchase again all the present {hardware} any person has,” Varanasi stated. “We are going to present lifecycle administration and {hardware} upgrades as a part of our contract with the shopper.”

Meter

Whereas the tools is all owned by Meter, Varanasi emphasised that prospects retain full technical management regardless of the service mannequin. 

See also  Arm secures Meta as first customer in chip push, challenging industry giants – Computerworld

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