Fastback Networks provides the Fastback Intelligent Backhaul Radio (IBR) solution for LTE backhaul, aimed at accelerating deployment of LTE services. Its IBR is FCC- and ETSI-certified and is qualified and deployed in multiple Tier 1 US mobile networks across five of the largest US cities. The company is led by CEO and co-founder Kevin J. Duffy and is headquartered in San Jose, California. Fastback intends to use new funding to expand customer service and support, operations, marketing, and sales, and to continue product development. The product is positioned for mobile infrastructure operators seeking rapid LTE rollouts. The company’s deployments in major US cities serve as a primary operating metric cited in the articles. Fastback Networks builds the Fastback Intelligent Wireless Transport solution — a patented small-cell backhaul radio that joins LTE carrier (licensed) networks with unlicensed Wi‑Fi networks. Its technology delivers up to 500 megabits per second over a 10-kilometer radius and does not require line-of-sight, enabling small cells to be deployed without fiber access. The company positions its product as a way to make small cells practical and to offload capacity from macrocells as mobile data and video demand grow. Fastback says the funding will be used to scale operations and expand customer trials with major carriers, and the company expected to begin shipping in 60 days. Fastback was cofounded in 2010, is based in San Jose, Calif., and has 35 employees. Leadership includes CEO Kevin Duffy and CTO/chairman Kevin Negus.

Total raised

$30M

Funding rounds

2

Latest round

Series C

Latest activity

Jan 2015