Fastback Networks Receives $15,000,000 New Financing

  • Feed Type
  • Date
    5/7/2013
  • Company Name
    Fastback Networks
  • Mailing Address
    2460 North First St San Jose, CA 95131
  • Company Description
    Fastback Networks was founded with a vision to deliver innovative technology for the mobile infrastructure of the future, enabling network operators to deliver new services, tap new markets and monetize a new generation of mobile applications.
  • Website
    http://www.fastbacknetworks.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $15,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The company will use the money to scale up its operations and expand customer trials with major carriers.
  • M&A Terms
  • Venture Investor
    Matrix Partners
  • Venture Investor
    Foundation Venture Capital Group
  • Venture Investor
    Granite Ventures
  • Venture Investor
    Juniper Networks