Deal Announcements

Fastback Collects $15 Million New Venture Capital

Wednesday, May 08, 2013 5:57:00 AM PDT | VentureDeal

   San Jose, California  --  Fastback Networks has garnered $15 million in expansion stage of venture capital financing.

Fastback is developing next-generation networking technology for mobile infrastructure, applications and services.

Matrix Partners led the round, which also included Foundation Venture Capital Group, Granite Ventures and Juniper Networks.

The company said it would use the financing to scale its operations and expand customer trials with major mobile carriers.

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