Fastback Networks Secures $15,000,000 Series C Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=05fff3ed-d918-40bf-bbc7-18c2252ed5ff
Date
1/22/2015
Company Name
Fastback Networks
Mailing Address
2460 North First St. San Jose, CA 95131 USA
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
Series C
Proceeds Purposes
The investment will fund scaling of the company in response to accelerating demand for the Fastback Intelligent Backhaul Radio solution for LTE backhaul. The Series C enables the company to expand customer service and support, operations, marketing, sales, and ongoing product development.
M&A Terms
Venture Investor
Venture Investor
Venture Investor
Venture Investor