Friday, December 15, 2006

SEVEN Raises $42M

Redwood City-based SEVEN has raised $42M in a funding round, the firm said Thursday, from undisclosed new investors, as well as existing investors. SEVEN is a provider of mobile email software. SEVEN is backed by Amadeus Capital Partners, Greylock, Ignition, Saints, and SOFTBANK Asia Infrastructure Fund. The funding round was announced in conjunction with the appointment of a new CEO, Ross Bott, who was most recently at Onebox.com. More information »