Monday, March 22, 2010

FastSoft Sign BPO Firm

Pasadena-based FastSoft, the Caltech spinoff which is developing Internet acceleration devices, has recently signed on ReSource Pro, a business process outsourcing firm for the insurance agency, the firm told socalTECH. According to FastSoft, New York-based ReSource Pro is using the firm's Desktop Virtualization Acceleration products to increase the efficiency of downloading and uploading files to the firm's Chinese offices, where it has over 650 employees. FastSoft did not disclose financial impact of the deal. The firm develops software-based appliances which relieve latency and congestion inherent in the TCP/IP protocol, originally developed for Internet2. FastSoft is venture backed by Miramar Venture Partners, Caltech, and angel investors.

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