Entertonement Ringing In $5 Million
Entertonement is a ringtone company that MySpace users have access to.Â The company announced that they have received $5 million according to PEHub.Â The $5 million in funding was foundÂ in a regulatory filing.
The company is a subsidiary of Right Sized Media Inc.Â The company is based in Sausalito, Calif.Â And the company is run by David Mandelbrot, a former VP of and GM of Media and Entertainment at Yahoo!Â The company was founded by Fouad ElNaggar while at UCLA business school and is now an Associate at RedPoint Ventures.
Tones include movie quotes and songs which can be rated and shared.Â The ringtones are categorized by TV, movies, music genres, etc.Â The Entertonment blog is available at: http://blogs.entertonement.com/blog/Â but has not been updated since March 2007.@amitchowdhry or on Google+ at +AmitChowdhry