Ello.co -- The Revolutionary Social Network -- Releases Ello Beta V.2 -- Secures New $5 Million Round Of Funding Led By Foundry Group & Techstars Ventures -- Ello Mobile Apps Arrive This Spring
BURLINGTON, Vermont, April 2, 2015 /PRNewswire/ -- Ello, the revolutionary community-supported social network, announced the rollout of Ello Beta V2 today, and simultaneously completed a new $5MM round of financing from Foundry Group, Techstars Ventures, and FreshTracks Capital.
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"Ello Beta V2 completely redefines the social network experience, with full screen image posting & browsing, and an interface that acts and feels more like an app than a web site," said Ello CEO Paul Budnitz.
New features include full-screen browsing and navigation, expanded search, improved discovery, drag & drop editing, drafts, rich publishing and much more. CodePen integration allows developers and hobbyists to write web apps and embed them right into their Ello posts.
Technical changes behind Ello V2 also set the stage for rapid rollout of more features, including private messaging, private groups, and loves. Ello mobile apps for iOS and Android also arrive this spring, and will mirror Ello V2's innovative web interface, with emphasis on clean and beautiful design and full-screen browsing.
"We're listening to our community and that's helping Ello grow rapidly from the inside out," said Ello Co-CPO Lucian Fohr. "New features and mobile apps coming this spring will only add to people's ability to connect with others with similar interests, find existing friends, and make new ones on Ello."
With millions of people on the network, Ello continues to grow both users and engagement rapidly.
"We've seen super-active micro communities pop up on Ello around subjects like finance, art, photography, and graffiti. We've created a platform that's welcoming to all levels of participation -- from top professionals to hobbyists to people with more casual interests," said Budnitz.
The latest $5MM round of funding brings the total raised in the last six months to $11MM.
"We're very excited with the continued momentum at Ello. This is a company whose business will literally change the world," said Mark Solon, managing partner at Techstars Ventures, who will be joining Foundry director Seth Levine on the Ello board.
Ello is a for-profit public benefit corporation (PBC) with a charter that assures that Ello will never sell third party ads or user data.
"The Ello community is leading a revolution in how people connect," said Budnitz, "where people can be whoever they want to be, and where quality, beauty, and positivity are valued over advertising, manipulation, and exploitation."
View the Ello PBC Charter.
View the Ello Manifesto.
About Ello
Ello is a revolutionary social network that is transforming how people connect -- free from advertising, manipulation, and exploitation. Ello's clean and beautiful design supports a global creative community where people can be whoever they want to be.
As a public benefit corporation, Ello will never sell ads or user data.
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Brittany LaValley
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