Deal Announcements

FastSoft Gets $4 Million Series A Funding

Tuesday, June 12, 2007 5:00:00 AM PDT | VentureDeal Staff

MONROVIA, CA -- Internet software developer FastSoft announced that it has received $4 million in first round institutional funding.

FastSoft is developing products that speed up the transfter of data over the Internet.  The company is focused on helping manufacturing, telecommunications and media/entertainment companies increase revenues or reduce costs by increasing their productivity.

Miramar Venture Partners led the round.  The company intends to use the funding proceeds to accelerate its sales and marketing efforts and to continue product development.

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