Fastback Networks is a technology company.
Fastback Networks has raised $30.0M across 2 funding rounds.
Fastback Networks has raised $30.0M in total across 2 funding rounds.
Fastback Networks has raised $30.0M in total across 2 funding rounds.
Fastback Networks's investors include Granite Ventures, Matrix, Nokia Growth Partners, Promus Ventures, Will Herman.
Fastback Networks is a technology company specializing in intelligent backhaul radio (IBR) systems and millimeter wave solutions for 4G LTE and 5G networks.[1][2][3] It builds high-performance wireless connectivity products that deliver high throughput, low latency, and reliability in challenging environments, serving mobile service providers, enterprises, and private networks to solve backhaul challenges like non-line-of-sight (NLOS) limitations, network densification, and rapid deployment needs.[1][2][3] These solutions enable expansion of services, secure operations, and monetization of mobile applications, with reported revenue of $6.5 million and around 69 employees based in Boulder, Colorado.[2]
The company's products, including sub-6 GHz (like 5 GHz IBR) and 60/70-80 GHz millimeter wave radios, integrate Carrier Ethernet for macrocell upgrades, small cells, and obstructed environments, achieving carrier-grade reliability with five 9's availability.[3] Fastback addresses economic barriers in traditional backhaul by simplifying installation, reducing labor costs, and doubling spectrum efficiency through innovations like full-duplex technology.[1][3]
Fastback Networks was founded with a vision to innovate mobile infrastructure for 4G/5G LTE deployments, drawing on the team's extensive experience in radio and data networking solutions.[2] Headquartered initially in San Jose, California, it has since moved its main office to Boulder, Colorado, reflecting a focus on advanced wireless technologies amid the shift to high-capacity networks.[4][6]
The idea emerged from recognizing deployment challenges in densifying networks, leading to "fresh eyes and better ideas" for transformational backhaul.[2] Early traction came from developing IBR systems that proved reliable across LOS and NLOS conditions, positioning Fastback as a leader in sub-6 GHz and mmWave tech for the mobile future.[3]
Fastback rides the 5G and transitional 4G LTE wave, where surging demand for mobile data, IoT, edge computing, and densification requires robust backhaul amid spectrum constraints and urban obstructions.[1][3][4] Timing is ideal as 5G adoption accelerates, propelling wireless backhaul markets through high-capacity needs for applications like AR/VR, connected cars, and smart cities—market forces favoring sub-6 GHz and mmWave over fiber due to cost and speed.[1][4]
It influences the ecosystem by enabling operators to tap new markets, monetize apps, and deploy affordably, competing with firms like BLiNQ and Quantance while transforming economics for urban broadband and private networks.[2][4]
Fastback is poised to capitalize on 5G rollout and private 5G/6G trends, expanding IBR/mmWave portfolios for edge AI, autonomous systems, and beyond-line-of-sight connectivity in smart infrastructure.[1][3][4] Evolving regulations on mid-band spectrum and AI-driven network optimization will shape its path, potentially boosting growth via partnerships with telcos and enterprises. As backhaul demands intensify, Fastback's deployment innovations could solidify its role in accelerating the mobile future, delivering the high-performance wireless backbone that powers tomorrow's networks.[2][3]
Fastback Networks has raised $30.0M across 2 funding rounds. Most recently, it raised $15.0M Series C in January 2015.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jan 1, 2015 | $15.0M Series C | Granite Ventures, Matrix, Nokia Growth Partners, Promus Ventures, Will Herman | |
| May 1, 2013 | $15.0M Series B | Granite Ventures, Matrix, Nokia Growth Partners, Promus Ventures, Will Herman |