Yep, started https://paydirtapp.com - intelligent time tracking for freelancers.
We spent 2010 freelancing figuring out the business side of things a bit, earning some money to give us a bit of a runway, kicking lots of ideas around, and working on our tech chops.
12 months in we're starting to focus more on marketing and sales than development, and we're aiming to be profitable sometime before the end of 2012.
Everything takes a lot longer than you think!