Razz pulls down $1.87 million for mobile music entertainment

Razz, a multimedia mash-up site that lets users put comments on photos, has drawn down $1.87 million of its $2.5 million second round funding.

The San Francisco company runs a site where users can create, share and rate a variety of audio-enhanced photos. You can put your mother on the face of a movie star on a DVD box cover or add speech bubbles to photographs of friends.

Investors include Mayfield, Cardinal Venture Capital, Garage Technology Ventures and Greenpark Capital. The company previously raised $10 million and was founded in 2002 as a ringtone and audio technology company.

The company’s product evolved as ringtones fell out of favor among consumers and it has come up with mash-up tools that can be used a cross a variety of social networks.