Rave Wireless Raises $7 Million

Rave Wireless Inc., a New York–based provider of mobile phone programs for colleges and universities, has raised $7 million in Series D funding, according to a regulatory filing. Listed shareholders include Bain Capital Ventures, Sigma Partners and RRE Ventures. The company previously raised around $35 million, including an $18 million Series C round last year led by Trilogy Equity Partners. www.ravewireless.com