the angels of God met him. And Jacob said when he saw them, This is God's host: and he called the name of the place Mahanaim.
The name Mahanaim means "two camps," "two hosts," "companies." In the individual consciousness Mahanaim represents spiritual ideas and the physical realm ("two hosts"). This idea is brought out very clearly in the naming of the place by Jacob. The "two hosts" are the angels of God (messengers of God: spiritual ideas) on the one hand, and Jacob and his company, his wives, children, and possessions (manifestations of ideas) on the other.
Gen. 32:3-28. And Jacob sent messengers before him to Esau his brother unto the land of Seir, the field of Edom. And he commanded them, saying, Thus shall ye say unto my lord Esau: Thus saith thy servant Jacob, I have sojourned with Laban, and stayed until now: and I have oxen, and asses, and flocks, and men-servants, and maid-servants: and I have sent to tell my lord, that I may find favor in thy sight. And the messengers returned to Jacob, saying, We came to thy brother Esau, and moreover he cometh to meet thee, and four hundred men with him. Then Jacob was greatly afraid and was distressed: and he divided the people that were with him, and the flocks, and the herds, and the camels, into two companies; and he said, If Esau come to the one company, and smite it, then the company which is left shall escape. And Jacob said, O God of my father Abraham, and God of my father Isaac, O Jehovah, who saidst unto me, Return
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