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MyBlogLog founder to launch new startup Gnip with $1 million in funding!

Posted by sabrina On March - 14 - 2008 ADD COMMENTS

As per told in TechCruch, Eric Marcoullier founded MyBlogLog with Todd Sampson in January of 2005.

The service went live in March 2005 and was acquired by Yahoo for an estimated $10 million in January 2007.

Eric left Yahoo in July 2007 and is now preparing to launch a new start-up, Gnip, but details are scarce for now. Eric isn’t saying what the new start-up will do other than a hint on the site itself, “Web 2.0 Infrastructure”, and a message that the service will launch in May.

The start-up is already funded, he says, 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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