Funtoo arises from Daniel Robbins's experience with Gentoo and prior to that Stampede.

Funtoo Linux History

Dec 2007 - Daniel starts building stable Gentoo stages
Dec 2007 - Daniel starts building Gentoo OpenVZ templates
Oct 18, 2008 - First version of Metro, Linux automated build engine, released.
Aug, 2008 - Daniel builds first unstable Gentoo stages - requires modifications to upstream Gentoo tree
Foo - Daniel moves stages to 2008.0 profile
Jan 30, 2009 - Perl 5.10 integrated into Funtoo Linux
Jan 8, 2009 - Git support integrated into Portage
Jan 6, 2009 - sunrise merged into Funtoo
Dec 15, 2008 - Metro 1.2 released
Nov 4, 2008 - Metro 1.1 released
Aug 25, 2010 - Perl 5.12 hits stable Funtoo

From Inception to Gentoo 1.0+

July 1997 - Started a new position at University of New Mexico, was using Debian 1.3
Nov 1998 - Was using/developing for Stampede Linux at home, but had not (yet) started Enoch?
Apr 1999 - Was working on Enoch - wrote xpak .tbz2 code that is still in Portage
May 18-27, 1999 - First version of Enoch released, according to LWN.net. My blurb for Enoch: "Enoch is an advanced GNU/Linux distribution for the x86 PC Architecture, designed to bring your Linux experience into a new dimension. Or something like that."
Aug 1999 - My new dual Celeron mobo would not run Linux, went to FreeBSD, Achim Gottinger kept Enoch going
Late 1999 - Must have came back to Enoch and done the Gentoo name change right about now - the "Gentoo" name was Bob Mutch's idea - started incorporating some FreeBSD ideas into Enoch - Portage (as we know it today) was born.
July 26, 2000 - Gentoo 1.0 release "imminent", cvs online, rsync "coming soon"
Nov 3, 2000 - Gentoo 1.0 Release Candidate 2
Dec 11, 2000 - Gentoo 1.0 Release Candidate 3
Aug 14, 2001 - New Gentoo Logo/Web site debut - designed by me! Still in use today! :)
Feb 16-17, 2002 - Was in Brussels, Belgium to attend FOSDEM
Mar 31, 2002 - Gentoo Linux 1.0 Released !!!
May 10, 2002 - Gentoo Listed as one of the top 10 Linux distributions on DistroWatch
Apr 8, 2002 - Gentoo Linux 1.1a released :)
Jun 10, 2002 - Gentoo Linux 1.2 released :)