Echoecho Raises $750,000
Gail Chiasson, North American Editor
Echoecho, a mobile application to help you find your friends, has raised a $750,000 fund from Google Ventures and PROfounders, a UK-based venture capital firm.
Say you find yourself separated from your friends at a sporting event or a concert: Echoecho let’s you ping the person and see where he is on a map. If he doesn’t have the free app, he’ll be prompted to download it, but can also access your location from a browser at home.
Echoecho simplifies the location app down to what you really want to do: find someone. You don’t broadcast your location to everyone, only to the one person that you would like to contact.
The company plans to integrate group location sharing, in case you’re meeting more than just one person for dinner. And it plans to eventually unveil a real-time tracking feature with sensitivity because of privacy concerns. Real-time tracking introduces the ability to follow a person’s moves wherever they go. (Echoecho will allow people to limit the amount of time a person may follow your tracks.)
The company, with offices in Los Angeles, the UK and Croatia, will also be hiring.