Remember Yo? Of course you do. Well, the single-button, zero-character communication tool that hogged headlines for weeks has just announced Pete Cashmore and Betaworks have participated in its $1.5 million seed-stage round. Betaworks, a seed-stage VC firm and startup studio based out of New York, made a separate announcement earlier today. And it seems that John Borthwick, CEO at Betaworks, has been a big fan of the service for months. “At the end of May, Matt Hartman invited Or Arbel, the co-founder of Yo, to visit Betaworks, and we started using the Yo app,” he says. “Since then, Yo has...

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