Keil was a senior group manager of product management at Cisco Systems and a group manager of product planning at StrataCom before it was acquired by Cisco. Hammerhead's co-founder was Dr. John Yu, who serves as the firm's chief technology officer.
Although Hammerhead has not yet announced its product, it believes its impressive level of financing and its blue-chip venture-capital backers will give it an aura of credibility. In addition to Pequot Ventures, the latest round of financing also drew on the firm's initial round of VCs, including Mayfield. "Carriers are looking for pragmatic solutions to protect and grow their huge and highly profitable Frame Relay investment," said Mayfield managing partner Kevin Fong in a statement. "There's little cost left for the carriers to slash--and they can't afford to abandon their most profitable enterprise customers as they migrate data services revenue to an MPLS backbone. Hammerhead has tapped into this huge market in transition, one that incumbent equipment suppliers have clearly ignored."
Other venture capital firms participating in the most recent round of financing include Enterprise Partners and Foundation Capital.
Subsea cable alternatives can provide a level of comfort for those concerned about disruptions. Realistically, they will continue to play a small, but critical role in the short term.
Maintaining existing network infrastructures often incurs huge technical debt before newer technologies are adopted over time.
Amid ongoing regional uncertainties, telecom infrastructure in the Middle East has expand to include terrestrial low-latency network infrastructure, which offers resilience and agility in navigating political complexities without relying solely on undersea networks.
