Fastback Networks, a San Jose, CA-based provider of technology for the mobile infrastructure, raised $15m in Series C financing.
The round was led by Harmony Partners with participation from existing investors Foundation Capital, Granite Ventures, Juniper Networks, and Matrix Partners.
The company intends to use the funds to expand customer service and support, operations, marketing, sales, and ongoing product development.
Led by Kevin J. Duffy, CEO & Co-founder, Fastback Networks provides Fastback Intelligent Backhaul Radio™ solution for LTE backhaul. Its Intelligent Backhaul Radio (IBR) is FCC and ETSI certified, and is qualified and deployed in multiple Tier 1 US mobile networks across 5 of the largest US cities, enabling service providers to accelerate deployment of LTE services.
FinSMEs
22/01/2015