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Hammerhead Secures $30 Million for Layer 2.5 Aggregation

Hammerhead Systems, a start-up based in Mountain View, California, closed $30 million in Series C funding, for its traffic aggregation and switching platform.

Hammerhead’s HSX 6000 is a purpose-built Layer 2.5 Aggregation Switch that features MPLS Pseudowire technology. It provides dense Ethernet aggregation, Pseudowire termination, legacy Frame Relay and ATM support, and Service Interworking. It features a “Layer 2.5” edge aggregation approach designed to integrate access services (wireline, broadband, broadband fixed wireless and 3G) that are typically based on Layer 2 connection-oriented technologies with new services that are based on Layer 3. The platform supports the migration of Frame Relay / ATM services onto MPLS backbones, so that it can be used as an aggregation platform in an Ethernet service architecture, offering native Gigabit Ethernet as well as Ethernet-over-SONET (both GFP and x.86) trunking capabilities. On the subscriber side, the HSX 6000 switch offers high-density fan-in across a range of new and legacy service interfaces, media and speeds, including Ethernet.

Hammerhead has a strategic partnership with Fujitsu Network Communications in North America for distribution, joint marketing, product planning, and customer support and services.

The latest funding was led by new investor Silver Creek Ventures and joined by new investor Apex Venture Partners. All existing investors participated in the round which now brings the total equity raised by Hammerhead Systems to $80 million.

The company said it raised the new funding, in part, based on the strength of its top tier customer activity. Commercial installations are underway, although customer names have not been announced. The new funding will be used for working capital including expanding sales, marketing and customer support in North America and internationally, as well as the acceleration of product development in response to customer demand and establishing volume manufacturing.

http://www.hammerheadsystems.com

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