Thursday, February 21, 2008

Blist is revolutionizing how consumers create, share, and utilize the information got $6.5 million Series A funding

What Company Is Offering:
Blist is revolutionizing how consumers create, share, and utilize the information that's important to them with the industry's first online social database service for consumers and small businesses. Blist delivers unprecedented ease of use through a new visual and intuitive user interface that outshines others in the database market. Only Blist makes it easy for anyone to create private or collaborative databases for anything ranging from the personal to the professional.

How Much They Got From VCs:
They announced a $6.5 million Series A investment from Frazier Technology Ventures and Morgenthaler Ventures. Blist will use the additional funding to accelerate the development and marketing of its new online social database service that allies the simplicity of a spreadsheet with the power of a fully featured relational database. In connection with the Series A financing, Scott Darling, general partner at Frazier Technology Ventures, and Ken Gullicksen, partner at Morgenthaler Ventures, have been added to Blist's board of directors.

How Is It Different:
Blist provides everyday mainstream users with a strikingly intuitive and flexible way to design simple or sophisticated databases that meet their specific needs without requiring users to have experience with programming or databases. Using Blist, mainstream users can structure and catalogue all types of information and then create communities around the data they share.

About VCs:
Morgenthaler is a leading, national venture capital and buyout firm with offices in Menlo Park, CA (headquarters); Boston, MA; Cleveland, OH; Boulder, CO; and Princeton, NJ; and has an investment focus on information technology and life sciences. Morgenthaler's Internet and software investments, past and present, include such industry-leading companies as NexTag, imeem, Netli, Ingres Corporation, Illustra Information Technologies, TimesTen, and Synopsys. Morgenthaler has a total of $2.5 billion under management. Its most recent fund, capitalized at $450 million, was raised in 2005. The firm ( has funded approximately 300 companies over its 39-year history.
Frazier Technology Ventures (FTV) is a Seattle-based, early-stage venture capital firm focused on investments in wireless, internet service, and next generation enterprise companies. The partnership helps entrepreneurs build category defining companies by applying their executive operating backgrounds from companies like C-Cube, EdMark, Intel, LSILogic, Metapath, Microsoft, RealNetworks, and Visio. For more information, visit

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