Layer Five
Encyclopedia
Layer Five was a US-based company that was acquired by Juniper Networks
Juniper Networks
Juniper Networks is an information technology and computer networking products multinational company, founded in 1996. It is head quartered in Sunnyvale, California, USA. The company designs and sells high-performance Internet Protocol network products and services...

 in 1999 for US$ 19 million. Layer Five was founded by Spencer Greene, of Palo Alto, California. Other employees included Jim Washburn and Sid Agrawal. Spencer left his job at Alliance Semiconductor in early 1997 to found the company, based on implementing an idea he had for networking hardware. At the time, only one academic paper had been published regarding the seed idea.
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