News Summary

• Drew Perkins has been inventing computer network tech and building startups since the dawn of the internet age.
• He helped create the Point-to-Point Protocol (PPP) that became a key part of TCP/IP, the protocol upon which the internet relies.
• Now he's back as a co-founder and CEO of AI networking startup Eridu that’s officially coming out of stealth on Tuesday with an oversubscribed $200 million Series A round.
• The round was led by Socratic Partners, renowned VC John Doerr, Matter Venture Partners, and others.