Tuesday, May 05, 2009

Gist Raises $6.75MM in Series A - Vulcan Capital Incubated Company

Gist is an online service that helps you build stronger relationships. By connecting your inbox to the web, you get business-critical information about key people and companies.

Gist, incubated by Paul Allen's Vulcan Capital raised $6.75M in a Series A round of financing led by Foundry ventures. The company develops software which connects web information with email programs like Microsoft Outlook and Google Gmail. Foundry's Brad Feld said in a statement that Gist "combines two of our core investment themes -- the implicit web and email." Gist said the new investment will go to product development and to expand operations.

1 comment:

Kelly Frame said...

Will this venture be anything like Xobni? Or maybe a seriously enhanced Xobni. If so, we're very excited...