BOULDER, Colo., Feb. 26 /PRNewswire/ -- Me.dium, Inc, a consumer software company based in Boulder, CO, announced today it has joined the newly formed Entrepreneurs Foundation of Colorado (EFCO) as a founding grantor. By committing a percentage of its equity to EFCO, Me.dium will be able to effectively contribute to the health and sustainability of the local community from day one.
EFCO was designed to provide a platform for entrepreneurs and start-up organizations to ensure local philanthropy is not overlooked while dealing with the strenuous demands of an early-stage organization.
"With our heads down dealing with the day-to-day demands of a start-up, it's too easy to let local philanthropy take a back seat," commented Kimbal Musk, CEO, Me.dium. "Working with the Entrepreneur's Foundation of Colorado provides a simple and targeted way of assuring that as our success increases, so will our continued contribution to the local community."
"Support from the local community was a key factor in our decision to locate Me.dium in Colorado," added David Mandell, Co-Founder of Me.dium. "EFCO is an effective and innovative way for us to make sure we tip the scales in Colorado's favor for future companies weighing the pros and cons of different geographic benefits."
About Me.dium Founded in 2006 in Boulder, Colorado, Me.dium is a consumer software company revealing the hidden world of people and activity behind the browser. Through Me.dium, users get a view into the Social Exploration Environment, an online environment where people can interact in real time with other people doing similar things online, in the same way one interacts in the real world. Please visit http://www.me.dium.com.
About Entrepreneur's Foundation of Colorado Five companies -- Collective Intellect, Me.dium, NewsGator, Rally Software, and Tendril -- are the founding grantors for the Entrepreneurs Foundation of Colorado. The founding trustees are Brad Feld (Foundry Group), Kyle Lefkoff (Boulder Ventures), Tim Connor (Sequel Venture Partners), Ryan Martens (Rally Software), Bill Roberts (Hogan & Hartson), and Michael Platt (Cooley Godward Kronish). In addition, the Entrepreneurs Foundation of Colorado has formed an alliance with the Entrepreneurs Foundation, an organization formed in 1988 with affiliates in Silicon Valley, Austin, Southern California, New England, Dallas, Portland, Atlanta, Hawaii, and Israel. For more information about Entrepreneurs Foundation of Colorado please visit http://www.efcolorado.org.
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