# Fastback Networks

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/fastback-networks

- Industry: Telecoms
- Headquarters: Boulder, US
- Website: www.fastbacknetworks.com
- Total disclosed funding: $41M
- Latest round: Series C (Jan 22, 2015)
- Investors on record: 5

## About

Fastback Networks, based in Boulder, US, provides high-capacity backhaul solutions, focusing on advanced technologies for mobile networks. Their innovative products cater to a diverse range of clients, including mobile operators and enterprises.Fastback Networks, founded in 2010 by Shawn Eshraghi, operates from Boulder, Colorado. The company specializes in backhaul solutions for mobile networks. In January 2015, Fastback raised USD 15.00 mn in a Series C funding round, led by Harmony Partners, with participation from Foundation Capital, Granite Ventures, Juniper Networks, and Matrix Partners. The company has executed a total of 3 deals, with its latest deal occurring on January 22, 2015. Shawn Eshraghi has a history in technology and entrepreneurship.Fastback Networks focuses on high-capacity backhaul solutions using advanced technologies in the sub-6GHz and millimeter wave (mmW) spectrum. Their key products include the Intelligent Backhaul Radio (IBR) designed for 4G and 5G LTE networks, offering high throughput and low latency, along with the Liberator family of mmW point-to-point wireless Ethernet bridges. These products cater to mobile operators, internet service providers (ISPs), and enterprises across multiple regions, addressing needs such as macro cell upgrades and emergency connectivity.The company generates revenue through B2B transactions with service providers and enterprises, primarily through direct sales of their flagship products, the IBR and Liberator radios. Fastback Networks offers competitive pricing to facilitate a rapid return on investment for clients, complemented by partnerships integrating their solutions into broader network deployments. Their pricing structure is aligned with the high performance and reliability of their offerings, addressing diverse customer requirements across geographic markets.Fastback Networks plans to leverage its recent Series C funding of USD 15.00 mn, secured in January 2015, to further develop their product offerings and expand into new markets. The company is focusing on designing upcoming products to enhance their backhaul solutions, with an emphasis on improving capacity and reliability. Additionally, they aim to penetrate new geographic regions, targeting markets across North America, Europe, and Asia by the end of 2025. Recent funding will support these initiatives and drive further advancements in their technology.

## Funding rounds

- Series C, Jan 22, 2015, $15M — Matrix Partners, Foundation Capital, Granite Ventures, Juniper Ventures, Harmony Partners
- Series B, May 6, 2013, $15M — Matrix Partners, Foundation Capital, Granite Ventures, Juniper Ventures
- Series A, May 2, 2011, $11M — Foundation Capital, Granite Ventures, Juniper Ventures

## Investors

- Foundation Capital (https://capitalatlas.ai/funds/foundation-capital) — Series A, Series B, Series C
- Granite Ventures (https://capitalatlas.ai/funds/granite-ventures) — Series A, Series B, Series C
- Juniper Ventures — Series A, Series B, Series C
- Matrix Partners (https://capitalatlas.ai/funds/matrix-partners) — Series B, Series C
- Harmony Partners (https://capitalatlas.ai/funds/harmony-partners) — Series C