Mereo Networks
Bulk fiber internet and technology for residential communities.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
* | N/A | Growth Equity VC | |
| Total Funding | 000k | ||
Related Content
Mereo Networks, recently rebranded as Mereo Fiber, is a Phoenix, Arizona-based provider of bulk technology solutions for high-density residential communities across the United States. The company was formed in 2021 through the consolidation of four separate companies: Broadband Holdings (founded in 2000 for content), Digital Home Lifestyles (founded in 2004 for design, installation, and IoT), Vicidiem (founded in 2010 for data), and NetPro Networks (founded in 2014 for data). This strategic merger established it as one of the largest single-source providers in its sector.
Mereo Fiber's business model centers on delivering a comprehensive and flexible suite of services under a single point of contact for property owners and managers. The core offerings include enterprise-class fiber internet, content/TV services, and Internet of Things (IoT) solutions such as in-unit smart home technology, surveillance, and access control. The company partners with multifamily owners, developers, and property managers, providing them with a customized and cost-effective technology plan that serves as an amenity to attract residents and increase the property's Net Operating Income (NOI).
A significant milestone occurred in May 2025 when Mereo Networks acquired DISH Fiber from DISH Network Corporation. This acquisition added over 25,000 residential units to its portfolio and prompted the rebranding to Mereo Fiber, aligning the company's name with its focus on high-performance fiber connectivity. The move expanded its operations to 37 states and a total of over 80,000 residential units served. The company's growth is backed by a significant investment in December 2023 from Macquarie Capital, WaveDivision Capital, and Freedom 3 Capital. Matt Ostrega is the CEO of Mereo Fiber.
Keywords: bulk connectivity, fiber internet, multi-dwelling units, MDU provider, residential communities, property technology, smart apartments, IoT solutions, access control, video surveillance, single-source provider, property-wide internet, resident technology, managed WiFi, bulk services, fiber infrastructure, community connectivity, multifamily technology, NOI uplift