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Hammerhead Systems
Mpls, and ethernet aggregation and switching solutions for residential broadband and wireless backhaul markets
About Hammerhead Systems
Hammerhead Systems, founded in 2002 and headquartered in Mountain View, California, operated in the telecommunications sector, providing Multi-Protocol Label Switching (MPLS) and Ethernet aggregation and switching solutions. The company's offerings were targeted at business services, residential broadband, and wireless backhaul markets.
The primary products offered by Hammerhead Systems were the HSX 6000 and the Pegador SOA EMS. The HSX 6000 was a hardware solution that facilitated the aggregation, interworking, and migration of various access protocols across different core infrastructures. Complementing this was the Pegador SOA EMS, an element management system that provided Web services through XML/SOAP.
The company was founded by Rob Keil. Throughout its operation, Hammerhead Systems managed to raise a total of $73 million in funding over four rounds, with significant investments from firms like Pequot Capital Management, Mayfield, Foundation Capital, and Apex Venture Partners. Its last funding was a Series D round on August 1, 2007, which raised $18 million. On May 21, 2009, Hammerhead Systems filed a voluntary petition for liquidation under Chapter 7 bankruptcy.
It is important to distinguish Hammerhead Systems, the networking solutions provider, from other entities with similar names. These include Hammerhead Networks, a Billerica-based company acquired by Cisco in 2002; Hammerhead, a company focused on smart bike navigation systems founded in 2012; and Hammerhead Warehouse Systems, which provides storage and racking solutions.
Source: Dealroom company dataKnowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES D✓Equity / VC | Aug 2007 | $18M | $72M | Apex Venture Partners · Mayfield · Silver Creek Ventures · Enterprise Partners | — |
| SERIES C✓Equity / VC | Jan 2006 | $30M | $120M | Enterprise Partners · Silver Creek Ventures · Mayfield · Foundation Capital | — |
Growth signals
Latest recorded traffic for Hammerhead Systems is 200 monthly website visits. Hammerhead Systems's team grew 4.8% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A4 investors entered at this stage
Foundation Capital
Enterprise Partners
Lighthouse Capital Partners
Mayfield
Series B and later2 investors entered at this stage
Silver Creek Ventures
Apex Venture Partners
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
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