eero inc.
 | |
| Private | |
| Industry | Technology |
| Founded | 2014 |
| Founder |
Nick Weaver (CEO) Nate Hardison (CTO) Amos Schallich (VP) |
| Headquarters | San Francisco, CA, U.S. |
Area served | Global |
| Products | |
| Website | Official website |
eero inc. (stylized eero)[1] is a San Francisco-based developer of a wireless router that employs a mesh WiFi system.[2][3][4] Individual eero units can be placed throughout a home to create a mesh network that extends wireless range.[5][6] The product was made available for pre-order in February 2015 and was officially released in February 2016.[7][8]
History
eero was founded in June 2014 by Stanford University graduates, Nick Weaver (CEO), Nate Hardison (CTO), and Amos Schallich (VP of engineering).[9][10] The company was originally based in Weaver's living room in the North Beach neighborhood of San Francisco.[9] Its name is derived from Eero Saarinen, a Finnish-American architect who helped design the elementary school Weaver attended near Chicago.[11][12] In August 2014, the company moved to an actual office and grew to 11 employees by January 2015.[9]
The eero WiFi systems were made available for pre-order in February 2015.[7][13][14] Within two weeks, the company had accrued $2.5 million from those pre-orders.[9] In November 2015, eero secured $50 million in an early round of growth funding from investors including, Shasta Ventures, Redpoint Ventures, First Round Capital and Playground Global.[2][13] In February 2016, the company delivered 25,000 pre-ordered units and also made the product available on Amazon.com.[5][15][16]
In May 2016, eero secured $50 million in a second round of funding led by Menlo Ventures alongside Index Ventures and existing investors.[15][17] The company also announced a non-exclusive retail agreement with Best Buy.[15] By September 2016, the devices were being sold in 600 Best Buy outlets across the United States. The company is headquartered in San Francisco[9] with support team offices in Austin, Texas.[18][19]
Product
eero builds a mesh WiFi system for broader wireless coverage. The system uses multiple access points from multiple eero devices to create the mesh network in a home.[5][3][20] Each eero device is a 1.3-inch tall and 4.75-inch wide white unit. Setup and many other functions are controlled via an Android or iOS app. The first unit pairs with the mobile app via Bluetooth, which guides users through the initial set-up process. Any subsequent eero unit can be placed throughout a building, and will automatically pair with the initial unit. The cloud issues any updates, diagnostics, and fixes to the system.[6]
The eero app also allows users to name their network, set passwords, setup a guest network, name individual units, and test internet connection speeds at various locations in the house. The app will also suggest optimal locations to place the units.[6]
References
- ↑ Buhr, Sarah (25 May 2016). "eero inks $50 million funding deal with Menlo's Opportunity Fund, plans to sell products at Best Buy". TechCrunch. Retrieved 3 November 2016.
- 1 2 Tilley, Aaron (4 November 2015). "WiFi Router Maker Eero Scores $40 Million From Android-Creator Andy Rubin And Early Nest Investor". Forbes. Retrieved 3 November 2016.
- 1 2 Villas-Boas, Antonio (25 May 2016). "This is, quite simply, the best WiFi router you can buy". Business Insider. Retrieved 3 November 2016.
- ↑ Fried, Ina (10 February 2015). "Eero Takes In More Than $1 Million in Orders as Customers Seek Easier Wi-Fi". Recode. Retrieved 3 November 2016.
- 1 2 3 Cipriani, Jason (23 February 2016). "Review: Eero Is the Future of Home Networking". Fortune. Retrieved 3 November 2016.
- 1 2 3 Mossberg, Walt (23 February 2016). "Mossberg: Eero makes Wi-Fi simpler and stronger". The Verge. Retrieved 3 November 2016.
- 1 2 della Cava, Marco (13 February 2015). "Eero rakes in $1 million from slow-Wi-Fi haters". USA Today. Retrieved 3 November 2016.
- ↑ della Cava, Marco (25 May 2016). "Home Wi-Fi start-up eero nets $50M, Best Buy deal". USA Today. Retrieved 3 November 2016.
- 1 2 3 4 5 Clifford, Catherine (16 September 2016). "5 start-up lessons from a CEO who went from his living room to 600 Best Buys in 2 years". CNBC. Retrieved 3 November 2016.
- ↑ Tilley, Aaron (23 November 2015). "Your Wi-Fi Sucks And Someone Is Doing Something About It". Forbes. Retrieved 3 November 2016.
- ↑ Zerega, Blaise (28 February 2016). "Design fetish: Behold Eero, the most beautiful Wi-Fi router, ever". VentureBeat. Retrieved 3 November 2016.
- ↑ Wright, Mic (3 February 2015). "Eero wants to eliminate Wi-Fi dead spots in your home without extenders". The Next Web. Retrieved 3 November 2016.
- 1 2 Fried, Ina (4 November 2015). "Eero Delays Its Smart Router Yet Again, Nabs New VC Funding Nonetheless". Recode. Retrieved 3 November 2016.
- ↑ della Cava, Marco (4 November 2015). "Eero WiFi solution hits one-year delay, gets $35M funding". USA Today. Retrieved 3 November 2016.
- 1 2 3 Primack, Dan (25 May 2016). "Home WiFi Startup Eero Raises $50 Million, Heads to Best Buy". Fortune. Retrieved 3 November 2016.
- ↑ Seifert, Dan (25 May 2016). "Eero's multi-unit router will be available from Best Buy next week". The Verge. Retrieved 3 November 2016.
- ↑ Nanclares, Cindy (25 May 2016). "Eero raises $50M and partners with Best Buy to sell the router Apple should have made". VentureBeat. Retrieved 3 November 2016.
- ↑ Loizos, Connie (25 October 2016). "Eero looks to help employee whose 10-year-old son was burned by peers". TechCrunch. Retrieved 3 November 2016.
- ↑ Fried, Ina (25 October 2016). "A San Francisco startup is rallying behind its worker after a brutal attack on his special-needs son". Recode. Retrieved 3 November 2016.
- ↑ Weber, Harrison (27 February 2016). "Review: Eero drastically improved my home Wi-Fi in about 10 minutes". VentureBeat. Retrieved 3 November 2016.