Hammerhead Raises $18 Million

Hammerhead Systems Inc., a Mountain View, Calif.-based data communications equipment vendor, said that it has raised $18 million in Series D funding. The round was first reported by peHUB last month, based on a regulatory filing. Foundation Capital led the deal, and was joined by return backers Mayfield Fund, Enterprise Partners Venture Capital, Pequot Ventures, Silver Creek Ventures and Apex Venture Partners. Hammerhead has raised $98 million in total VC funding since its 2002 inception. www.hammerheadsystems.com