• General
  • February 12, 2019
  • 6 minutes read

Amazon To Acquire Home Mesh WiFi Startup, Eero

An Eero mesh router image : Eero Just days after revealing it spent a total of $1.65 billion on acquisitions…

An Eero mesh router

image : Eero

Just days after revealing it spent a total of $1.65 billion on acquisitions in 2018, Amazon has announced it’s acquiring Eero, the popular maker of home mesh WiFi systems that makes use of multiple access point to surround homes with fast and reliable WiFi coverage all on a single network.

Amazon has previously acquired video doorbell company Ring and home security camera maker Blink, marking this as another addition to its hardware line, one that’s key for use of its virtual assistant, Alexa. How much Amazon paid for Eero is not disclosed, but for a hint, Eero last raised $50 million Series C funding in 2016, at a roughly $278 million valuation, according to Pitchbook data.

An Eero mesh router

image : Eero 

The San Francisco based company has raised some $90 million in funding according to Crunchbase data, from investors including Andy Rubin’s Playground Global, First Round Capital, Menlo Ventures, StartX, Slow Ventures, Shasta Ventures, Grishin Robotics and Redpoint.

“From the beginning, eero’s mission has been to make the technology in homes just work,” Eero co-founder and CEO Nick Weaver, said in a press release. “We started with WiFi because it’s the foundation of the modern home. Every customer deserves reliable and secure WiFi in every room. By joining the Amazon family, we’re excited to learn from and work closely with a team that is defining the future of the home, accelerate our mission, and bring eero systems to more customers around the globe.”

“We are incredibly impressed with the eero team and how quickly they invented a WiFi solution that makes connected devices just work,” Dave Limp, SVP of Amazon Devices and Services, also said. “We have a shared vision that the smart home experience can get even easier, and we’re committed to continue innovating on behalf of customers.”


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