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…