$7 Million for Rave

Wade Roush11/19/08

Rave Wireless, a Framingham, MA, startup that makes security and emergency alert software for mobile phones, has closed a $7 million Series D financing round, according to a November 15 report in PE Hub that cited regulatory filings. The report said Rave has now raised about $42 million, with major contributions from Bain Capital Ventures, Sigma Partners, RRE Ventures, and Trilogy Equity Partners.

Wade Roush is Xconomy's chief correspondent and editor of Xconomy San Francisco. You can subscribe to his Google Group or e-mail him at wroush@xconomy.com. Follow @