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Ello Lands Venture Capital Equity

Friday, October 24, 2014 5:30:00 AM PDT | VentureDeal
   Burlington, Vermont  --  Internet technology company Ello has raised $5.5 million in early stage venture capital investment.

Ello is developing a social network that is advertising-free and does not resell user data.

Investors in the round included Foundry Group, Bullet Time Ventures and FreshTracks Capital.

The company will use the funding proceeds to continue building out its online service.

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