Thursday, January 22, 2015

Fastback Networks Gets $15M

San Jose-based Fastback Networks, a provider of technology use for LTE backhaul networks, said today that it has raiesd $15M in a Series C funding round. The funding was led by Harmony Partners, and also included Foundation Capital, Granite Ventures, Juniper Networks, and Matrix Partners. Fastback networks is led by Kevin J. Duffy. Fastback said the new round goes towards expanding customer service and support, operations, marketing, sales, and ongoing product development. The company has now raised a total of $41M. More information »