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

ATA Ventures (Lead Investor) (Hatch Graham)

Covera Ventures

Leapfrog Ventures (Peter Sinclair)

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
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.
Profile
FastSoft LinkedIn Company Profile
Social Media
FastSoft Company Twitter Account
Company News
FastSoft News
Facebook
FastSoft on Facebook
YouTube
FastSoft on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Edward Snyder
  Edward Snyder LinkedIn Profile  Edward Snyder Twitter Account  Edward Snyder News  Edward Snyder on Facebook
Chief Financial Officer
Roger Tharp
  Roger Tharp LinkedIn Profile  Roger Tharp Twitter Account  Roger Tharp News  Roger Tharp on Facebook
Chief Technical Officer
Cheng Jin
  Cheng Jin LinkedIn Profile  Cheng Jin Twitter Account  Cheng Jin News  Cheng Jin on Facebook
VP - Marketing
Jerry Hall
  Jerry Hall LinkedIn Profile  Jerry Hall Twitter Account  Jerry Hall News  Jerry Hall on Facebook
VP - Sales
William Fitzgibbons
  William Fitzgibbons LinkedIn Profile  William Fitzgibbons Twitter Account  William Fitzgibbons News  William Fitzgibbons on Facebook


 

 

Browse more venture capital transactions:

Prev: 12/31/2006: Ventria Biosciences venture capital transaction
Next: 12/31/2006: Pinger venture capital transaction

 

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Where The Data Comes From

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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