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$7 Million - Sub Categories

Mobile Entertainment Publisher Phonebites Raises $7 Million

Authored by Mark Hefflinger on February 28, 2006 - 9:41am.

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 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.

Social Networking Site Tagged Raises $7 Million in First Round

Authored by Mark Hefflinger on February 8, 2006 - 4:17am.

San Francisco - Tagged, a social networking site for teens with over 2 million members, announced on Wednesday that it has raised $7 million in its first round of venture capital financing, led by Mayfield Fund. Launched in 2004, Tagged.com was designed for teens ages 13 to 19 and offers features similar to social networking sites MySpace or Friendster. San Francisco-based Tagged says it counted 2.4 million unique visitors, and 391 million page views during December 2005. The company will use the funds to expand services and features on Tagged.com.