Ello Answers Critics with $5.5MM in Venture Capital

What is that mission? Lee Bouyea of FreshTracks Capital says Budnitz made it clear when pitching FreshTracks. “Paul came to us over a year ago and said, ‘I want to build an ad-free social network,’ and he’s never wavered from that vision, and we bought into that vision when we funded this back in January.”

Solar is Hot in Chilly Vermont

“Renewables will save Vermonters hundreds of millions of dollars,” predicts Duane Peterson, copresident of SunCommon, the state’s largest residential solar company.

Quirky & GE Unveil their Vision for the Connected Home

“Last year, we announced to the world that together with our partners at GE, we would enter the connected home market,” said Ben Kaufman, founder and CEO of Quirky, in a statement. “In just 18 months, we have introduced an entire ecosystem of products, a powerful app that interacts with hundreds of connected devices from leading brands, and today, a comprehensive campaign to educate the world on what it means to live in the connected home.”

Moscow Mills Finds Niche Serving Hi Tech Manufacturers

Leveille’s Moscow Mills clients are often looking for short run prototypes, but the company is increasingly focused on the growing side of its business, Vibrations Solutions North, which makes specialized tools used to balance the rotating parts of motors and engines – jet engines, turbines and pumps where tolerances are measured in the ten millionths of an inch.

‘Anti-Facebook’ investors dig deep for Ello

Ello, which launched in August, has also become a Public Benefit Corporation, which prohibits its current and any future owners from breaking that promise. The network plans to make money by introducing micro-payments for additional features.