About Fastback Networks
Fastback Networks is a Telecommunications company based in California City (United States) founded in 2010, and was acquired by COMSovereign in August 2020. It operates as a wireless backhaul solutions for 4G5G LTE infrastructure are provided. It operates on a IaaS (Infrastructure-as-a-Service) and Managed Services model. Fastback Networks has raised $41 million across 3 funding rounds from investors including Juniper Networks, COMSovereign and Foundation Capital. The company has 19 employees. Fastback Networks has completed 1 acquisition, including Fastback Networks. Fastback Networks offers products and services including Liberator Radios and IBR Backhauls. Its focus areas include Technology and Wireless Infrastructure. Its competitors include NEC, Ericsson, Mavenir, CommScope and Juniper Networks and 5 more; 4 of its 10 listed competitors have raised funding.
Company details
Fastback Networks is engaged in delivering advanced wireless backhaul solutions for both public and private networks. Services are focused on accelerating the deployment of 4G5G LTE services and high-capacity data networks. Operating in millimeter wave and sub-6 GHz bands, innovative technologies are combined to address urban deployment challenges. Solutions are tailored for macro cell upgrades, small cell fill-ins, temporary services, enterprise connectivity, security networks, and emergency services. Economic and technical breakthroughs are achieved to meet connectivity demands anywhere.
- Headquarters California City, United States
- Employees 19
- SectorsTelecommunications
- Phone•••• ••••
- Website fastbacknetworks.com
- Social LinkedIn
- Acquired by COMSovereign (Aug 2020)
- Legal Name Fastback Networks
- Total Equity Funding$41M (USD)
in 3 rounds
- Latest Funding Round$15M (USD), Series C
Jan 2015
- InvestorsJuniper Networks
& 5 more
- Employee Count19
- Investments & Acquisitions
- Acquired byCOMSovereign
(Aug 2020)
Products & Services of Fastback Networks
Fastback Networks offers a comprehensive portfolio of products and services, including Liberator Radios and IBR Backhauls.
Advanced millimeter wave solutions for urban deployment are provided.
High-performance temporary backhaul services for events are offered.
Funding Insights of Fastback Networks
Fastback Networks has successfully raised a total of $41M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $15 million completed in January 2015. 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 $41M
- Total Rounds 3
- Last Round Series C — $15M
- First Round $11M
(Jun 2011)
- Investors Count 5
All 3 funding rounds of Fastback Networks with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2015 | $15M | Series C | – | Harmony Partners | |
| May 2013 | $15M | Series B | – | Matrix | |
| Jun 2011 | $11M | Series A | – | – |
6 investors in total: 6 institutional.
Investors in Fastback Networks
Fastback Networks has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Juniper Networks, COMSovereign and Foundation Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital is provided to expansion-stage software and tech firms. | – | harmonyvp.com | New York, United States | |
Venture capital firm focused on early-stage fintech, enterprise, web 3, consumer, and multiple sectors | 1995 | foundationcapital.com | Palo Alto, United States | |
Early-stage ventures are funded by the investment firm. | – | matrix.vc | San Francisco, United States | |
Early-stage US tech companies are invested in by the firm. | – | granitevc.com | San Francisco, United States | |
Cloud-based enterprise networking and firewall solutions are delivered. | 1996 | juniper.net | Sunnyvale, United States | |
Provider of LTE Advanced and 5G-NR telecom technologies | 2014 | comsovereign.com | Dallas, United States |
Investor details for Fastback Networks
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Investments & Acquisitions by Fastback Networks
Fastback Networks has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Fastback Networks.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Wireless Ethernet bridges for mobile backhaul are supplied. | sub10systems.com | Kingsteignton, United Kingdom | 2010 | Mar 2015 | •••• |
Complete acquisition details for Fastback Networks
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Timeline of Fastback Networks
5 dated milestones of Fastback Networks across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Fastback Networks is founded.
- Funding First funding round of $11.0M.
- Funding Latest funding round, Series C, of $15.0M.
- Acquisition Acquires Fastback Networks.
- Exit Acquired by COMSovereign.
Competitors of Fastback Networks
Fastback Networks has 10 listed competitors in our database, 4 of them funded. They include NEC, Ericsson, Mavenir, CommScope and Juniper Networks, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| nec.com | 1899 | Minato, Japan | – | 110,595 | Cloud-based IT and networking solutions are provided globally. | |
| ericsson.com | 1876 | Stockholm, Sweden | – | – | Telecom equipment and software solutions are provided for networks. | |
| mavenir.com | 2005 | Richardson, United States | $105.36M | 363 | Multi-access edge networking computing platform is provided for mobile services. | |
| commscope.com | 1976 | Richardson, United States | – | 4,773 | Fiber-optic and wireless infrastructure products provider | |
| juniper.net | 1996 | Sunnyvale, United States | – | 4,323 | Cloud-based enterprise networking and firewall solutions are delivered. | |
| alcatel-lucent.com | 2006 | – | – | – | IP networking, ultra-broadband access, and cloud solutions are provided. | |
| taranawireless.com | 2009 | Milpitas, United States | $426.14M | 185 | Non-line-of-sight wireless transport solutions are developed for carriers. | |
| siklu.com | 2008 | Tel Aviv, Israel | $49M | – | Wireless millimeter wave bands are provided for telecom applications. | |
| huawei.com | 1987 | Shenzhen, China | – | 80 | Hybrid cloud platforms and networking solutions are provided globally. | |
| aricent.com | 1991 | Redwood, United States | $68.09M | – | Product engineering services company |
Detailed competitors of Fastback Networks
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Latest news on Fastback Networks
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Top companies in Telecom Infrastructure Tech
10 companies that operate in the same segment as Fastback Networks (Telecom Infrastructure Tech), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Telecom and broadband network solutions are provided by the company. | 2000 | Bengaluru, Karnataka, India | USD 35 M | USD 296.21 M | 3,279 | |
Cloud networking solutions are delivered via AI and SaaS platforms. | 2004 | Santa Clara, California, United States | USD 1.5 M | USD 7 B | 4,410 | |
Cloud-based network infrastructure for IoT applications is provided. | 2004 | Boise, Idaho, United States | USD 154.85 M | USD 8.52 M | 165 | |
Multi-access edge networking computing platform is provided for mobile services. | 2005 | Richardson, Texas, United States | USD 105.36 M | – | – | |
Cloud security solutions are delivered for enterprise visibility and protection. | 2012 | Santa Clara, California, United States | USD 1.44 B | USD 34.05 M | 530 | |
Broadband access solutions are delivered via DSL and wireless backhaul. | 1998 | Fremont, California, United States | USD 162.49 M | – | – | |
Cloud network security management software is offered for enterprises. | 2015 | Tel Aviv, Israel | USD 1.16 B | – | – | |
SoftSwitch and VOIP solutions are provided for cloud-based communication networks. | 1981 | London, England, United Kingdom | USD 21.5 M | – | 833 | |
Cloud-based network management software is provided for infrastructure planning. | 1992 | Hanover, New Hampshire, United States | – | USD 4.77 B | 8,660 | |
Enterprise SD WAN network management solutions are provided globally. | 1985 | Shenzhen, Guangdong, China | – | USD 19.06 B | 68,380 |
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Frequently Asked Questions about Fastback Networks
Fastback Networks was founded in 2010 and raised its 1st funding round 1 year after it was founded.
Fastback Networks is headquartered in California City, United States. It is registered at California City, California, United States.
Fastback Networks is a funded company, having raised a total of $41M across 3 funding rounds to date. The company's 1st funding round was a Series A of $11M, raised on Jun 2011.
Fastback Networks has 19 employees.
Fastback Networks is engaged in delivering advanced wireless backhaul solutions for both public and private networks. Services are focused on accelerating the deployment of 4G5G LTE services and high-capacity data networks. Operating in millimeter wave and sub-6 GHz bands, innovative technologies are combined to address urban deployment challenges. Solutions are tailored for macro cell upgrades, small cell fill-ins, temporary services, enterprise connectivity, security networks, and emergency services. Economic and technical breakthroughs are achieved to meet connectivity demands anywhere.
Fastback Networks offers Liberator Radios and IBR Backhauls.
Fastback Networks has made 1 acquisition, including Fastback Networks.
Fastback Networks has 6 investors. Key investors include Juniper Networks, COMSovereign, Foundation Capital, Harmony Partners, and Matrix.
Fastback Networks operates through Fastback Networks.
Yes. Fastback Networks was acquired by COMSovereign in August 2020.