VC, deals, Mobile
$7 Million for Rave
Wade Roush 11/19/08
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. You can e-mail him at wroush@xconomy.com, call him at (617) 252-7323, or follow him on Twitter at http://twitter.com/wroush.
