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.

Ello is Starting to Look More Like a Business

The buzzy social network with an anti-advertising mission takes small, important steps toward eventual revenue generation. But someone did invest—again. Ello revealed on Thursday that it raised $5.5 million in a Series A funding round. The company also announced that it has become a legal public benefit corporation, or PBC.

Ello’s Wild Ride

As for the new company becoming financially viable, the Ello team and FreshTracks are committed. “If we are successful, the company will have numerous opportunities to deliver a financial return to its founders, employees and investors,” Bouyea said.

Why Ello is not the Anti-Facebook

In some ways, entrepreneur Paul Budnitz has been living every business owner’s sweetest dream. Literally overnight, his social network Ello became the “it” business, with people around the globe talking about it and rushing to join up.

Ello: An Explosive Launch

Ello, a sleek and stylish social media site that recently launched, has seen explosive growth in the past few weeks, according to the Vermont venture capital firm that provided a significant amount of funding for the start-up.