Monday, March 30, 2009

Hammerhead Systems Bites the Dirt

Seven venture capitalists lost $110 million on the seven-year-old start-up Hammerhead and I fear that this will be the death of VC funding for young companies with products that could compete against Cisco. According to a report in VentureBeat, here are the seven venture capital firms that funded Hammerhead Systems, which closed its doors last week:

Brad Reese blog

HSX 6000

http://www.hammerheadsystems.com/

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