Eero, a San Francisco-based startup looking to change how Wifi is delivered around the home, has raised $5m with Stanford University as one of the backers.
Joining the Silicon Valley-based institution in the round are venture firms First Round Ventures, Menlo Ventures, Homebrew Ventures, and private investors.
Currently, Wifi routers work on the premise that one single router blasting out a powerful signal is enough to cover a home. However, Eero argues that with the increased number of devices used in the home streaming more data than before coupled with obstacles to the signal such as walls and radio signals, a multi-prong approach is necessary to deliver reliable Wifi.
The startup is offering a trio of routers to be set up around the home, allowing for a wider distribution of signal throughout the home.
