San Francisco -- Phonebites, a San Francisco-based publisher of mobile entertainment, said on Tuesday that it has raised $7 million in its second round of funding, led by Menlo Park-based Mayfield Fund. Previous investors Cardinal Venture Capital, Garage Technology Ventures and Greenpark Capital also participated. Phonebites is the developer of a mobile audio distribution platform called the RAZZ, which allows users to interject sound clips directly into their phone conversations. The company raised $3 million in its first round in January 2005.
http://www.phonebites.com/press/?show=pr&id=30
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