After jump-starting the whole-home Wi-Fi market last February, Eero is celebrating its first birthday with price cuts. While conventional routers try to cover an entire home through a single connection point, Eero uses multiple units to create a larger mesh network, employing algorithms to determine the best path to the user's internet modem. Starting at 8 a.m. Pacific today, a three-pack of those units will cost $399, down from $499, and a two-pack will be reduced by $50 to $299. (Individual units will still cost $199.)
Home WiFi Startup Eero Raises $50 Million, Heads to Best Buy
Eero, the maker of home Wi-Fi devices that use multiple access points to improve coverage, on Tuesday will announce that it has raised $50 million in new venture capital funding. It also will unveil a non-exclusive retail agreement with Best Buy BBY 5.11% , whereby Eero devices will be available at BestBuy.com next week and in more than 500 Best Buy bricks and mortar stores sometime this summer.
eero inks $50 million funding deal with Menlo’s Opportunity Fund, plans to sell products at Best Buy
Just months after finally shipping its product to consumers, smart wireless routing system eero has pulled in a new $50 million in growth funding from Menlo Ventures, as the first investment from the Menlo Opportunity Fund. Existing investors First Round Capital, Shasta Ventures, Red Point Ventures, and Playground Global also added to this round.
Mossberg: Eero Makes Wi-Fi Simpler and Stronger
When a colleague heard I was reviewing the new Eero Wi-Fi system, aimed at covering your whole house and eliminating the hassles of dealing with traditional routers, he messaged me: “Talk about how annoying and mystifying it is when your home Wi-Fi fails. I spent two hours today just turning shit off and on until it just sort of started working again.” That’s exactly the sentiment Eero, a small San Francisco startup, is hoping will get people interested in its slick-looking, simplified, app-controlled Wi-Fi boxes, which it refuses to even call routers.
Eero: The End of Bad Home Wi-Fi
Eero Delays Its Smart Router Yet Again, Nabs New VC Funding Nonetheless
Eero, whose idea for a smarter Wi-Fi router quickly racked up more than $1 million in pre-orders, is announcing its third delay of the product, saying it now doesn’t expect to ship devices until early next year. At the same time, the company is announcing it has nabbed new funding from three prominent investors: Shasta Ventures, Redpoint Ventures and Andy Rubin’s Playground. With the new cash, Eero has now raised more than $40 million despite having yet to ship its first product.
Eero Takes In More Than $1 Million in Orders as Customers Seek Easier Wi-Fi
Eero’s founders and investors were pretty sure that they were on to something in creating a product to make home Wi-Fi both better performing and easier to set up. Early signs look promising. “We’ve sold way more than we thought we were going to sell,” CEO and founder Nicholas Weaver told Re/code. Weaver said that the company sold $650,000 worth of its routers in the first 24 hours and more than $1 million in gear over the first 48 hours. Eero last week announced its first product, an intelligent Wi-Fi networking system capable of delivering high-speed Internet access throughout a home. The device, roughly the size of an Apple TV, which also packs Bluetooth, is designed to help users easily set up home networks with just a few clicks on their smartphone. Multiple devices can be used together to form a mesh network that extends the range of coverage.
A Smart Wireless Router From the Designers Behind Nest
You probably don’t think about your wireless router unless it’s pissing you off. Which means you probably think about your router more than you realize. Just think: buffering, half-loaded pages, frozen Skype screens. “By this point, wireless is a core utility,” says Nick Weaver. “We would never put up with that if that was our power, if that was our water.” Weaver is the founder of Eero, a company that wants to make your home internet experience better. Today Weaver and his team are launching the Eero, a wireless router system that he believes will save you from making yet another exasperated call to Time Warner. The first thing you’ll notice about the Eero is its looks. Handsome as it may be, there is a purpose to that. “Getting the device out in the open single-handedly changes the performance of your home Wi-Fi network.” Hiding away your router means added interference, which causes your internet speed to lag.
Eero Is A Smart Wireless Routing System That Wants To Do For WiFi What Nest Did For Thermostats
Have you tried to purchase or install a wireless router lately? I have, and it is hell. First you have to make sense out of dozens of available options available on sites like Amazon.com or at your local Best Buy, trying to parse various Wireless Gigabit speeds and ranges and how many of those octopus antennas you’d need to get the best coverage in your house. Then you have to install the damn thing, which means setting up new admin passwords and such so your wireless network isn’t hacked or whatever. And even when that is all done, you never actually know how well the setup will work. I live in an apartment with a long hallway and thick walls, and frankly, my current WiFi setup doesn’t always cover the entire space.