Seven Gets $42 Million

Seven Networks Inc., a Redwood City, Calif.- based mobile email company, has raised $42 million in new venture capital funding. It is unclear if this includes a $29.5 million Series D infusion that PE Week Wire reported on earlier this year, based on a regulatory filing. Backers include Ignition Partners, Greylock, Softbank Asia and Elm Ridge Capital Partners. In other Seven news, the company named former CEO Russ Bott as its new CEO.