About Fastback Networks
Fastback Networks is a company based in Kingsteignton (United Kingdom) founded in 2010 was acquired by Fastback Networks in March 2015. It operates as a IaaS (Infrastructure-as-a-Service). Fastback Networks has raised $4 million across 1 funding round from investors including Fastback Networks and BGF. Fastback Networks offers products and services including Fastback Backhaul Solutions and Liberator Radios. Fastback Networks operates in a competitive market with competitors including NEC, Mavenir, Ericsson, CommScope and Juniper Networks, among others.
- Headquarter Kingsteignton, United Kingdom
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Sectors
Telecommunications
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Email
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Phone
*********
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Website
*********
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Social
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- Legal Name Fastback Networks
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$4 M (USD)
in 1 rounds
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Latest Funding Round
$4 M (USD), Series A
Nov 10, 2013
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Investors
Fastback Networks
& 1 more
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Employee Count
Employee Count
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Acquired by
Fastback Networks
(Mar 17, 2015)
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Products & Services of Fastback Networks
Fastback Networks offers a comprehensive portfolio of products and services, including Fastback Backhaul Solutions and Liberator Radios. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Advanced backhaul solutions are provided for wireless connectivity.
Carrier-class millimeter wave solutions are offered for urban deployment.
Funding Insights of Fastback Networks
Fastback Networks has successfully raised a total of $4M through 1 strategic funding round. The most recent funding activity was a Series A round of $4 million completed in November 2013. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $4.0M
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First Round
First Round
(10 Nov 2013)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2013 | Amount | Series A - Fastback Networks | Valuation | BGF |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Fastback Networks
Fastback Networks has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Fastback Networks and BGF. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early & Growth stage tech & offline focused VC firm funding companies in the UK & Ireland
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Founded Year | Domain | Location | |
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Wireless backhaul solutions for 4G/5G LTE infrastructure are provided.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Fastback Networks
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Fastback Networks
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Fastback Networks Comparisons
Competitors of Fastback Networks
Fastback Networks operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as NEC, Mavenir, Ericsson, CommScope and Juniper Networks, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Cloud-based IT and networking solutions are provided globally.
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| domain | founded_year | HQ Location |
Multi-access edge networking computing platform is provided for mobile services.
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| domain | founded_year | HQ Location |
Telecom equipment and software solutions are provided for networks.
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| domain | founded_year | HQ Location |
Fiber-optic and wireless infrastructure products provider
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| domain | founded_year | HQ Location |
Cloud-based enterprise networking and firewall solutions are delivered.
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| domain | founded_year | HQ Location |
IP networking, ultra-broadband access, and cloud solutions are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Fastback Networks
When was Fastback Networks founded?
Fastback Networks was founded in 2010 and raised its 1st funding round 3 years after it was founded.
Where is Fastback Networks located?
Fastback Networks is headquartered in Kingsteignton, United Kingdom.
Is Fastback Networks a funded company?
Fastback Networks is a funded company, having raised a total of $4M across 1 funding round to date. The company's 1st funding round was a Series A of $4M, raised on Nov 10, 2013.
What does Fastback Networks do?
Fastback Networks is focused on delivering cutting-edge wireless backhaul solutions for public and private networks. The company operates in the telecommunications sector, offering technologies for 4G5G LTE services and high-capacity data connectivity. Solutions are designed to accelerate deployment in urban and dense environments, addressing challenges like non-line-of-sight performance with millimeter wave and sub-6 GHz technologies. Applications include macro cell upgrades, small cell fill-ins, temporary services, enterprise connectivity, and emergency services.
Who are the top competitors of Fastback Networks?
What products or services does Fastback Networks offer?
Fastback Networks offers Fastback Backhaul Solutions and Liberator Radios.
Who are Fastback Networks's investors?
Fastback Networks has 2 investors. Key investors include Fastback Networks, and BGF.