Ello raises another $5M: 'We don't give a sh*t about outside expectations'

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Ello, the social network that received a tremendous amount of media attention last year as a possible "Facebook killer" before fading out of the spotlight (like most would-be Facebook killers), has raised another $5 million in funding.

This new round of financing brings Ello's total funding to date to $11 million, and will likely again raise the question of whether a service some see as a quirky Facebook clone can ever build a serious business that would justify the many comparisons to the social networking behemoth.

See also: Yes, Ello still exists and it's getting ready to reintroduce itself Read more...

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