MyBlogLog founder to unveil new Web 2.0 service

by Stefanie Olsen

Eric Marcouillier, founder of the social network for bloggers MyBlogLog, which he sold to Yahoo last year for an estimated $10 million, plans to launch a new company called Gnip. According to Techcrunch, Marcouillier raised $1 million from the Foundry Group and Softtech VC to build up the venture.

The site for Gnip, which offers few details, will launch in May. The business involves "Web 2.0 infrastructure," according to the page. Foundry Group's Brad Feld and SoftTech VC's Jeff Clavier will join Gnip's board, according to Techcrunch.

Topics:: Media

Tags:: venture capital,; Web 2.0

Share:: Digg; Del.icio.us; Reddit; Facebook

Recent posts from News Blog: Neil Young Archives Blu-ray: Rip off?; Acronis revises survey results about backup habits; Acronis miscalculates data on users' bad backup habits; Flickr co-founder presses beta button; Comcast, Sony open retail store; Cox to try coaxing the Internet into submission; Was InfoWorld's CTO of the Year award a year late?; VMWare VI4 renamed to vSphere

Related: PayPal and Picnik come to Yahoo Mail; N.Y. Internet Week: All in the same boat; With Iran crisis, Twitter's youth is over; Report: China to require censorship software; Venture capitalists pin growth hopes on green tech; 'Accidental Billionaires' is deliberately careful; Does Microsoft's Bing have Google running scared?; Google to highlight Web's need for speed

About News Blog

Recent posts on technology, trends, and more.

Add this feed to your online news reader

Inside CNET News

Scroll Left Scroll Right

Business Tech
Week in review: A speedier new Firefox
Mozilla's latest version plays catch-up with the browser competition. Also: the latest in Windows 7 news, and a Yahoo data center in a new shade of green.
Gallery
Photos: Spiral Jetty, Robert Smithson's wondrous earthwork
Nanotech - The Circuits Blog
Apple MacBook Air: Cooler graphics
Is there a downside to squeezing a real graphics processor into in a 3-pound, ultra-thin laptop?
Beyond Binary
Windows 7 may get a 'Family Pack'
Enthusiasts have spotted wording in a leaked test build of the operating system that suggests Microsoft may offer a three-PC deal with the new Windows.
Video
Video: iPhone 3G S launch in New York City
Technically Incorrect
Wife exposes chief spy's personal life on Facebook
The wife of the new head of MI6 reveals details of their vacations, their children, their celebrity friends, and even how he looks in swimming attire.
Video
A recipe for high-tech chocolate
Geek Gestalt
Spiral Jetty, earthwork extraordinaire
On the north edge of the Great Salt Lake, Robert Smithson's masterpiece sits peacefully, awaiting visitors willing to make the long trek to see one of the world's great land art pieces.
The Space Shot
Lunar mapping satellite snaps first test images
NASA's Lunar Reconnaissance Orbiter has snapped its first test images, showing the moon's starkly cratered terrain in preparation for the start of mapping operations.
Gallery
Photos: The Transcontinental Railroad's Golden Spike
The Audiophiliac
Poll: Why don't you have an iPod or MP3 player?
What's wrong with you? Doesn't everybody have one of these things?
The Car Tech blog
Fisker's good Karma
At a dinner speech recently, Henrik Fisker laid out his plans for Fisker Automotive and its first car, the plug-in hybrid Karma.