socalTECH
NOVEMBER 17, 2009
Pasadena-based FastSoft , a developer of Internet acceleration appliances based on research out of Caltech, has raised $950K in a debt funding, according to a regulatory filing by the firm. No details on the funding have been announced by the firm. The company's technology is based on research into optimizing the TCP/IP protocol.
socalTECH
JANUARY 20, 2009
Snyder has been involved in seed funding and founding such companies as Netboost (acquired by Intel), Jibe Networks, and Proxinet (acquired by Puma Technologies). FastSoft is venture backed by Miramar Venture Partners, and is a spinout of Caltech. The firm's software technology is being applied to accelerating TCP/IP transfers.
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