Friday, February 13, 2015

San Jose's Fastback Networks Raises $15M

Fastback Networks is developing technology to improve the performance of LTE wireless networks, something I'm sure we can all appreciate. The cornerstone of their technology is to enable smaller cells that offload the primary cell towers.

A couple weeks ago, Fastback Networks closed a $15 million Series C funding round led by Harmony Partners. This brings the total investment they have collected since being founded in 2010 to $41 million.

Fastback is headquartered in North San Jose at 2460 North 1st Street, Suite 200. Its always nice to see venture funding coming to San Jose companies and not just Palo Alto and Mountain View startups.

Source: SVBJ

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