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TheDomains.com

Go Daddy Purchases Web Design Marketplace Elto

April 10, 2015 by Raymond Hackney

Back in October of 2013 Ophelie Lechat introduced me to a gentleman named Ned Dwyer, Ned ran a company called Tweaky and was looking to change the name of the company and was looking for a new domain name. I submitted a bunch of names both personal and client names. We were close on a couple but nothing that was perfect for the company. Eventually Ned purchased the domain name Elto.com.

Today Elto.com was purchased by Go Daddy.

Tech Crunch wrote:

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 give a ballpark price, or they could choose one of a couple of hundred “fixed price” services for things which had more established price points.

Read the full article on Tech Crunch

Congratulations to Ned and his team at Elto.

Filed Under: Godaddy

About Raymond Hackney

Raymond is a writer, domain trader and consultant based in Pennsylvania. Raymond is the founder of 3Character.com and TLDInvestors.com.

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Comments

  1. Jeff Schneider says

    April 10, 2015 at 7:18 pm

    Hello Ray,

    With the coming cosolidation of Regs, this purchase will not change image of G-daddy. We sense g-Daddy is heading south. We foresaw this long ago, and the fundamentals with G-daddy are shaky at best. Better to look at verisign.

    Gratefully, Jeff Schneider (Contact Group) (Metal Tiger)

  2. Ned Dwyer says

    April 13, 2015 at 12:25 pm

    Hey Ray,

    Thanks again for your help with the domain search. Man, that was a long and exhausting process!

    Ned


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