News Highlights

• Industry first network design and planning capability to operate in both LOS and NLOS conditions
• Solution addresses small cell network planning challenge, improves planning accuracy to reduce installation costs

San Jose, California — February 24, 2014 — Fastback Networks™ and SIRADEL today announced a partnership to provide a single design and planning solution for small cell backhaul network design with high accuracy capability in both LOS and non line of sight (NLOS) conditions. S_Backhaul leverages SIRADEL technology to enable accurate design for installation of the Fastback Intelligent Backhaul Radio (IBR™) in any line of sight (AnyLOS) conditions in unlicensed bands. The solution addresses the new complexities and requirements for network capacity planning of wireless small cell backhaul, accelerating design and deployment.

The IBR radio characteristics are fully integrated into S_Backhaul, the SIRADEL backhaul planning solution to accurately model the IBR radio behavior. Backhaul link analysis includes LOS, NLOS, and nLOS path prediction leveraging 3D GIS data to maximize accuracy. Leveraging SIRADEL technology, S_Backhaul analyzes azimuth and elevation components, horizontal and vertical polarization, as well as self-interference and third party interference to predict IBR radio paths. And an integrated capacity planning capability enables insights for accurate prediction and planning before installation.

“The variety of small-cell locations within urban environments and the requirements for availability on backhaul links is a new era in the backhaul industry whose transitions need to be supported with suitable design tools. Our fruitful cooperation with Fastback provides a cost effective solution to design wireless small cell backhaul,” said Laurent Bouillot, CEO, SIRADEL.

“SIRADEL and Fastback have applied our complementary offerings to bring customers a single effective and cost efficient tool for network planning of small cell backhaul, regardless of radio propagation environments,” said Kevin J. Duffy, CEO & Co-founder, Fastback Networks. “The resulting solution enables new levels of effective planning and ease of installation critical to small cell deployments.”

SIRADEL Backhaul Design
SIRADEL has a unique position combining expertise in 3D high-resolution GIS production and visualization, cutting-edge 3D propagation modeling and advanced equipment features implementation. This combination in the S_Backhaul tool is the perfect match to address the complexity of backhaul link planning for small cell deployments. Accurate 3D design enables the exact assessment of backhaul link performance for precise deployment scenarios, whereas comprehensive 3D visualization leads to a reduction of on-field site surveys and anticipation for equipment setup, which reduces global installation time.

Fastback Intelligent Backhaul Radio
The IBR fuses high performance data networking with advanced radio technology to achieve technical and economic breakthroughs that eliminate previous limitations of mobile backhaul performance. This new class of wireless device is an integrated carrier-grade switch and radio purpose built for the requirements of the new mobile network. The IBR is designed for high performance (up to 500Mbps), low latency (<500usec), and integrated Carrier Ethernet capabilities to support new architecture and traffic requirements of the new mobile network. The Fastback solution uniquely adapts to Line of Sight or complete Non Line of Sight conditions, a capability that Fastback has trademarked, Any Line of Sight™. For the first time, mobile network operators can deploy small cells in any location without line of sight or access to fiber constraints, and fiber network operators can assure delivery of Carrier Ethernet 2.0 services over wireless to locations that previously could not be served.

News Highlights

News Highlights

• Matrix Partners leads $15 million Series B along with Series A investors Juniper Networks, Foundation Capital, and Granite Ventures
• Investment proceeds to scale operations and expand customer trials as Fastback targets LTE/Wi-Fi convergence delivering breakthrough for NLOS small cell backhaul and commercial services

San Jose, California — May 6, 2013 —Fastback Networks today announced the company has closed $15 million in Series B financing. Led by Matrix Partners, the round of funding includes existing investors Juniper Networks through its Junos® Innovation Fund, Foundation Capital, and Granite Ventures. The investment will provide working capital to accelerate and scale customer engagements, enhance customer service and support capabilities, and facilitate ongoing product development for the Fastback Intelligent Wireless Transport solution. In conjunction with the Series B investment, Stan Reiss, General Partner, Matrix Partners, has joined the Fastback Networks Board of Directors.

Following an $11 million Series A financing in 2011, the Company emerged from stealth mode in February 2013, unveiling a patented breakthrough in a new class of intelligent wireless transport devices that deliver fiber equivalent performance for small cell backhaul and commercial services. The Fastback solution, currently in trials with Tier 1 mobile network and services operators, fuses advanced radio and data network technology to enable fiber equivalent service assurance at any location where mobile services are in demand. With Fastback’s proprietary Any Line of Sight™ technology, mobile network operators can deploy small cells in any location without line of sight or access to fiber constraints, and fiber network operators can assure delivery of Carrier Ethernet 2.0 services over wireless to locations that previously could not be served.

“Fastback is well positioned to extend their technology advantage and lead the market in removing the barriers to widespread deployment of small cells within the new emerging mobile network,” said Stan Reiss, General Partner, Matrix Partners. “Fastback is leading the transformation of small cell backhaul, enabling the high capacity and density demanded by the explosive growth of mobile data usage.”

“We are proud and pleased to welcome Matrix as an investor, and look forward to Stan’s contributions to the Fastback Board of Directors as we scale the company and expand our market engagement in the re-architecting of the mobile network,” said Kevin J. Duffy, CEO & Co-founder, Fastback Networks. “Our Series B funding allows us to build on our success and address the opportunity as today’s disaggregated mobile networks seamlessly converge across public, private, LTE and Wi-Fi networks.”

“As a leading provider of innovative network platforms for service providers, we recognize the unique benefits Fastback’s solution brings to our 4G/LTE customers,” said Rami Rahim, Executive Vice President, Platform Systems Division, Juniper Networks. “We are excited to continue our work with Fastback and support the company as an investor.”

About Matrix Partners
Matrix Partners is a premier venture capital firm that has generated outstanding returns for more than three decades. By focusing on early-stage investments and emphasizing long-term relationships with entrepreneurs, the firm has delivered several of the industry’s top performing funds of all time. Matrix Partners has offices in Cambridge and Waltham, MA; Palo Alto, CA; Mumbai, India; and Beijing and Shanghai, China. Matrix Partners has invested in several game-changing, industry-leading businesses such as Apple Computer, Aruba, HubSpot, JBoss, Netezza, Phone.com, Polyvore, Starent Networks, Tivoli Systems, Veritas, Zendesk, and Zong.

About Juniper Networks’ Junos Innovation Fund
The Junos Innovation Fund is a corporate venture capital fund launched in 2010 and backed solely by Juniper Networks. It invests in leading early-stage and growth-stage technology companies that expand and enhance the Junos® ecosystem.

About Fastback Networks
Fastback Networks was founded with a vision to deliver innovative technology for the mobile infrastructure of the future, enabling network operators to deliver new services, tap new markets and monetize a new generation of mobile applications. With insights derived from the collective team’s vast experience building leading edge radio and data networking solutions, Fastback Networks looked at the challenges of 4G/LTE deployment with fresh eyes and better ideas, and developed a transformational solution that enables the acceleration of next generation mobile services. Fastback Networks is a privately held venture funded company. More information is available at www.fastbacknetworks.com.