MyBlogLog founder Eric Marcoullier sold his company to Yahoo in January 2007 for an estimated $10 million. He left Yahoo in July 2007. Eric is now preparing to launch a new startup, Gnip. Details are scarce for now - Marcoullier isn’t saying what the new startup will do other than a hint on the site itelf […]

MyBlogLog founder Eric Marcoullier sold his company to Yahoo in January 2007 for an estimated $10 million. He left Yahoo in July 2007.

Eric is now preparing to launch a new startup, Gnip. Details are scarce for now - Marcoullier isn’t saying what the new startup will do other than a hint on the site itelf - “Web 2.0 Infrastructure,” and a message that the service will launch in May.

The startup is already funded, he states, with a $1 million round from Foundry Group and SoftTech VC. Foundry Group’s Brad Feld and SoftTech VC’s Jeff Clavier are joining the board of directors of the company.

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Via [TechCrunch]

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This entry was posted on Friday, March 14th, 2008 at 8:10 pm and is filed under Industry News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.