Hammerhead Systems secured $18 million Series D round of funding for its traffic aggregation and switching platform.
The new funding round was led by Foundation Capital and joined by all existing investors including Mayfield Fund, Enterprise Partners Venture Capital, Pequot Ventures, Silver Creek Ventures and Apex Venture Partners. Hammerhead Systems has raised $98 million in total capital to date.
http://www.hammerheadsystems.com
- In April, Hammerhead Systems announced plans for a PBT (Provider Backbone Transport) Service Gateway software capability for its HSX 6000 Layer 2.5 Aggregation Switch that will enable service providers to interwork PBT deployments with their MPLS backbones and growing VPLS installed base.
- In April 2007, Hammerhead also enhanced its HSX 6000 platform with “Multi-Class” capabilities, enabling up to 6 different classes of service from a single customer VLAN attachment. Hammerhead’s VPLS with Multi-Class is able to provide hierarchical QoS enforcement for segregating services. This enables service providers to more optimally match application requirements to pricing options at a fine-grained level.