KVS.

Byline: The Deal

Redding, U.K.-based KVS Inc., an e-mail management and content archiving company, has raised $17 million in second-round financing, resulting in a 2-1/2 times increase in KVS' valuation, according to CEO Mike Hedger. FTVentures and Index Ventures co-led the new funding. Other participants included Cazenove Private Equity, Greenaap Consulting Ltd. and Mosaic Private Equity. To date, the 3-1/2-year-old company, founded by former Compaq Computer Corp. engineers, has …