Fastback Networks Overview
- Year Founded
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2010
- Status
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Acquired/Merged
- Employees
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11
- Latest Deal Type
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M&A
- Latest Deal Amount
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$14M
Fastback Networks General Information
Description
Developer of wireless backhaul technology designed to enhance mobile infrastructure connectivity. The company's platform offers intelligent backhaul radios, non-line-of-sight transport systems, and network planning software, enabling network operators and private enterprises to deploy high-capacity, low-latency data connectivity in obstructed urban environments.
Contact Information
Website
www.fastbacknetworks.com(Operating Subsidiary)
Corporate Office
- 6890 East Sunrise Drive
- #120-506
- Tucson, AZ 85750
- United States
Corporate Office
- 6890 East Sunrise Drive
- #120-506
- Tucson, AZ 85750
- United States
Fastback Networks Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 5. Merger/Acquisition | 29-Jan-2021 | $14M | Completed | Generating Revenue | ||
| 4. Merger/Acquisition | 01-Jan-2017 | Completed | Generating Revenue | |||
| 3. Later Stage VC (Series C) | 22-Jan-2015 | Completed | Generating Revenue | |||
| 2. Early Stage VC (Series B) | 06-May-2013 | $15.2M | $26.3M | Completed | Generating Revenue | |
| 1. Early Stage VC (Series A) | 02-May-2011 | $11.1M | $11.1M | Completed | Generating Revenue |
Fastback Networks Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series C | ||||||||
| Series B | ||||||||
| Series A | 15,728,568 | $0.000100 | $0.06 | $0.7 | $0.7 | 1x | $0.7 | 23.98% |
Fastback Networks Comparisons
Industry
Financing
Details
Fastback Networks Competitors (42)
One of Fastback Networks’s 42 competitors is Parallel Wireless, a Venture Capital-Backed company based in Nashua, NH.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Parallel Wireless | Venture Capital-Backed | Nashua, NH | ||||
| Casa Systems | Formerly VC-backed | Andover, MA | ||||
| ASOCS | Venture Capital-Backed | Kfar Saba, Israel | ||||
| Argela Technologies | Accelerator/Incubator Backed | Istanbul, Turkey | ||||
| Siklu | Formerly VC-backed | Irvine, CA |
Fastback Networks Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Fastback Networks Patents
Fastback Networks Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20150200709-A1 | Advanced backhaul services | Active | 05-Dec-2013 | ||
| US-8989762-B1 | Advanced backhaul services | Active | 05-Dec-2013 | ||
| US-20150049720-A1 | Backhaul radio with extreme interference protection | Active | 29-Nov-2013 | ||
| US-20150223082-A1 | Backhaul radio with extreme interference protection | Active | 29-Nov-2013 | ||
| US-9049611-B2 | Backhaul radio with extreme interference protection | Active | 29-Nov-2013 | H04W24/02 |
Fastback Networks Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Fastback Networks Former Investors (8)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| BGF (Financial Services) | Growth/Expansion | Minority | ||
| Foundation Capital | Venture Capital | Minority | ||
| Granite Ventures | Venture Capital | Minority | ||
| Harmony Partners | Venture Capital | Minority | ||
| J2 Partners | PE/Buyout | Minority |
Fastback Networks Acquisitions (1)
Fastback Networks’s most recent deal was a Merger/Acquisition with Sub10 Systems. The deal was made on 17-Mar-2015.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Sub10 Systems | 17-Mar-2015 | Merger/Acquisition | Wireless Communications Equipment |
Fastback Networks FAQs
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When was Fastback Networks founded?
Fastback Networks was founded in 2010.
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Where is Fastback Networks headquartered?
Fastback Networks is headquartered in Tucson, AZ.
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What is the size of Fastback Networks?
Fastback Networks has 11 total employees.
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What industry is Fastback Networks in?
Fastback Networks’s primary industry is Wireless Communications Equipment.
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Is Fastback Networks a private or public company?
Fastback Networks is a Private company.
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What is the current valuation of Fastback Networks?
The current valuation of Fastback Networks is .
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What is Fastback Networks’s current revenue?
The current revenue for Fastback Networks is .
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How much funding has Fastback Networks raised over time?
Fastback Networks has raised $41.3M.
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Who are Fastback Networks’s investors?
BGF (Financial Services), Foundation Capital, Granite Ventures, Harmony Partners, and J2 Partners are 5 of 8 investors who have invested in Fastback Networks.
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Who are Fastback Networks’s competitors?
Parallel Wireless, Casa Systems, ASOCS, Argela Technologies, and Siklu are some of the 42 competitors of Fastback Networks.
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When was Fastback Networks acquired?
Fastback Networks was acquired on 29-Jan-2021.
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Who acquired Fastback Networks?
Fastback Networks was acquired by ComSovereign.
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