10 Apr '15, 6pm

Go Daddy Purchases Web Design Marketplace Elto

Terms of the deal were not disclosed, but Elto had previously raised under a million in angel and seed funding, the former from the founders of 99Designs, and the latter from Australian fund Blackbird Ventures . Elto, originally known as Tweaky, was founded in 2012 by P.J. Murray and Ned Dwyer, who realized that small business owners were often struggling to find qualified and verified web developers who could create their websites, update them with new functionality, or otherwise generally make improvements and changes on their behalf. On Elto’s marketplace, the company would carefully vet developers who applied, and then help them get connected to small business clients. As of the time of the acquisition, the company had grown to 25,000 customers, who paid for Elto’s services in one of two ways. They could submit a brief and a project manager would define the scope and g...

Full article: http://www.thedomains.com/2015/04/10/go-daddy-purchases-w...

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