alarm:clock

Wireless - Friday, December 15, 2006

Seven Networks Raises $42M, Gets New CEO

seven networks logo.gif
White label wireless e-mail provider Seven Networks has raised $42M in an oversubscribed round of funding. The company said undisclosed new investors joined existing backers, which include Amadeus Capital Partners, Greylock, Ignition, Saints and Softbank Asia Infrastructure Fund.

The company counts Sprint Nextel and Alltel among its network operator partners. UBS says that Seven has the second-largest market share in the mobile e-mail space after RIM. Seven has some big competitors like Good Technology and Visto, but apparently investors think there is still plenty of money to be made here.

Post a comment




Remember Me?


More Recent Articles

ThumbPetra Solar Raises $40M For Utility Pole Panels

Tuesday February 9, 2010

Petra Solar out of South Plainfield, NJ has raised $40M in 2nd-round funding. Craton Equity Partners and Espírito Santo Ventures co-led the round and were joined by return backers Element Partners, Blue Run Ventures, OnPoint Technologies and Kuwait... Full Story

ThumbAudio Transcription's 3Play Media Seed Funded

Monday February 8, 2010

Play Media, out of Somerville, MA, has secured $450K of a $600K seed funding round. 3Play works on transcription, captioning, and audio search. Clients pay 3Play to use technology to convert audio recordings to text and then to clean up the errors w... Full Story

Listen to alarm:clock

alarm:clock © 2004-2008

Swift Internet