Tech Company Financing Transactions
FastSoft Funding Round
ATA Ventures, Covera Ventures and Leapfrog Ventures participated in a $6.5 million Series A capital raise for FastSoft. The round was announced on 12/31/2006.
Transaction Overview
Company Name
Announced On
12/31/2006
Transaction Type
Venture Equity
Amount
$6,500,000
Round
Series A
Investors
Proceeds Purpose
FastScale will announce general availability of its first product, FastScale ComposerTM, in April 2007.
Company Information
Company Status
Acquired or Merged
Industry
Software
Mailing Address
257 S. Fair Oaks Ave 110
Pasadena, CA 91105
USA
Pasadena, CA 91105
USA
Phone
Website
Email Address
Overview
FastSoft, Inc. is a privately funded company based in the Los Angeles area. Its patent-pending FastTCP technology was developed at The California Institute of Technology's networking laboratory (Netlab). The company's mission is to generate significant business benefit for companies that depend on the transfer of large files by radically improving the speed of data transfer over the Web.
Management Team
Title
Name
Email & Social
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We report on every notable VC transaction. VC transactions reported here are derived from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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