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"Mobango, the mobile social networking service Pete first reported on back in January of last year, has closed another round of funding. Mobango claims a total userbase of 2.9 million worldwide that use the service to watch and share videos as well as ringtones, images and audio.\nDespite proclamations that mobile web is dead, Mobango, and theoretically its investors, are convinced otherwise.\u00A0 According to Venture Capital Update, they've received $5.7 million in Series B funding from Doughty Hanson Technology Ventures and Innogest Capital.\u00A0 Doughty Hanson Technology Ventures is a returning investor from the \u20AC2M Series A round.\nBack when Pete originally wrote about them, they were billed as the YouTube for Mobile, and they've been going about the business then and since of taking user-generated content of all types, and making it mobile friendly (in aspect-ratio, size and bitrate). The site currently boasts 51,000 videos, 95,000 ringtones and close to half a million images - which certainly pales in comparison to most user generated content sites, but it certainly is enough to keep one busy on the commute to work."^^<http://www.w3.org/2001/XMLSchema#string>
<http://mashable.com/2008/04/14/mobango/>