Sanjit Biswas
{{Short description|American businessperson (born 1982)}}
{{Use mdy dates|date=April 2021}}
{{Infobox person
| name = Sanjit Biswas
| image =
| birth_place =
| birth_date = 1982
| alma_mater = Stanford University (B.S.)
MIT (S.M.)
| occupation = Businessman
| known for = Co-founder of Meraki and Samsara
| spouse = Hope Biswas
}}
Sanjit Biswas (born 1982) is an American billionaire businessman, computer scientist who is the co-founder and chief executive officer (CEO) of Samsara, a publicly traded Internet of Things company headquartered in San Francisco, California that provides software for physical operations.{{cite web| title=Samsara Raising Money at $6 Billion Valuation| url =https://www.wsj.com/articles/samsara-raising-money-at-6-billion-valuation-11568060581|date=September 9, 2019|publisher=The Wall Street Journal}}
Previously, Biswas was co-founder and CEO of Meraki, Inc (now Cisco Meraki), a cloud-managed networking company now part of Cisco Systems.{{cite web| title=This Founder Raised $930 Million to Help Businesses Optimize Data From the Internet of Things| url =https://www.inc.com/alexa-von-tobel/sanjit-biswas-of-samsara-talks-time-management.html|date=June 23, 2021|publisher=Inc.}}
Early life and education
Biswas was born in 1982 and attended Lynbrook High School in San José, California, graduating in 1998.{{cite web |title=Sanjit BISWAS personal appointments - Find and update company information - GOV.UK |url=https://find-and-update.company-information.service.gov.uk/officers/9nOSsIDF4L10tvxmKMa_O88ciWg/appointments |website=find-and-update.company-information.service.gov.uk |access-date=30 April 2024 |language=en}} He earned a Bachelor of Science in engineering degree from Stanford University and a Master of Science in electrical engineering degree from MIT.{{cite web| title=#2524 Sanjit Biswas| url =https://www.forbes.com/profile/sanjit-biswas/?sh=71bab120775b|date=October 27, 2021|publisher=Forbes}}
Career
Biswas originally co-led MIT’s Roofnet project, an experimental network for wireless research. The project became the basis for Meraki's wireless networking products.{{cite news |last1=Stross |first1=Randall |title=Wireless Internet for All, Without the Towers |url=https://www.nytimes.com/2007/02/04/business/yourmoney/04digi.html |access-date=15 March 2024 |work=The New York Times |date=4 February 2007}}
After co-founding Meraki in 2006 with John Bicket, whom he met while both were graduate students at MIT, Biswas led the company as CEO.{{cite news |last1=Chernova |first1=Yuliya |title=Samsara Raising Money at $6 Billion Valuation |url=https://www.wsj.com/articles/samsara-raising-money-at-6-billion-valuation-11568060581 |access-date=15 March 2024 |work=WSJ |date=9 September 2019}}{{cite news |last1=Konrad |first1=Alex |title=Why Meraki's Founders Think Their New Startup Can Reshape Sensors Like They Did Switches |url=https://www.forbes.com/sites/alexkonrad/2015/05/19/samsara-founders-think-their-new-startup-can-reshape-sensors/?sh=2a79787f4290 |access-date=15 March 2024 |work=Forbes |date=19 May 2015 |language=en}} In 2007, he was named to the MIT Technology Review TR35 as one of the top 35 innovators in the world under the age of 35.{{cite web|url=http://www.technologyreview.com/tr35/?year=2007 |title=2007 Young Innovators Under 35 |publisher=Technology Review | year=2007 | accessdate=August 15, 2011}} In 2012, Cisco acquired Meraki for $1.2 billion.{{cite news |last1=Constine |first1=Josh |title=Cisco Acquires Enterprise Wi-Fi Startup Meraki For $1.2 Billion In Cash |url=https://techcrunch.com/2012/11/18/cisco-acquires-enterprise-wi-fi-startup-meraki-for-1-2-billion-in-cash/ |access-date=15 March 2024 |work=TechCrunch |date=18 November 2012}} Under his leadership, Cisco Meraki grew over 100%.{{cite news |title=The Top 50 SaaS CEOs of 2022 |url=https://www.thesoftwarereport.com/the-top-50-saas-ceos-of-2022/ |access-date=21 March 2024 |date=19 October 2022}}
Biswas co-founded Samsara in 2015, also with John Bicket, to focus on Internet of Things for the physical operations industry.{{cite news |last1=O'Donnell |first1=Lindsey |title=IoT Startup Samsara, Led By Meraki Founders, Focuses On Channel After A $40M Funding Round |url=https://www.crn.com/news/internet-of-things/300087531/iot-startup-samsara-led-by-meraki-founders-focuses-on-channel-after-a-40m-funding-round |access-date=15 March 2024 |work=www.crn.com |date=21 June 2017}}{{cite news |last1=du Preez |first1=Derek |title=Samsara delivers strong growth and its momentum continues in digitizing the world of physical operations |url=https://diginomica.com/samsara-delivers-strong-growth-and-its-momentum-continues-digitizing-world-physical-operations |access-date=15 March 2024 |work=diginomica.com |date=2 December 2022 |language=en}} In December 2021, Samsara publicly listed on the New York Stock Exchange under the ticker symbol “IOT”. Samsara sold 35 million shares in its initial public offering to raise $805 million at a valuation of $11.5 billion.{{cite news |last1=Woelfel |first1=Joe |title=Samsara IPO Is Priced at $23 a Share, Valuation at $11.5 Billion |url=https://www.barrons.com/articles/samsara-ipo-stock-price-51639568684 |access-date=21 March 2024 |date=15 December 2021}} In Q4 2023, Samsara surpassed $1 billion in Annual Recurring Revenue (ARR).{{cite news |last1=du Preez |first1=Derek |title=Samsara hits $1 billion ARR milestone and raises full-year guidance |url=https://diginomica.com/node/26916 |access-date=27 March 2024 |work=diginomica.com |date=1 December 2023 |language=en}}
Personal life
Biswas is married to Hope Biswas, an infectious disease epidemiologist.{{cite news |last1=Quigley |first1=Kelly |title=$5 Million Grant Bets on Computational Biology, AI to Change the Future of Cancer |url=https://gladstone.org/news/5-million-grant-bets-computational-biology-ai-change-future-cancer |access-date=30 April 2024 |work=gladstone.org |date=12 March 2024}} In 2024, Biswas and his wife announced The Biswas Family Foundation.{{cite news |title=Biswas Family Foundation, Milken Institute Announce $15 Million in Funding for Research at the Intersection of AI and Health |url=https://finance.yahoo.com/news/biswas-family-foundation-milken-institute-121500565.html |access-date=30 April 2024 |work=Yahoo Finance |date=12 March 2024}}