Tool is a magazine that that seems to have started as a print publication and then went fully on the web. They are not currently taking submissions.

“Tool a Magazine began in 1998. The first four hard copy editions are out of print.

Previous published poets include: Jordan Davis, Paul Metcalf, Leslie Scalapino, Hoa Nguyen, Brenda Coultas, Laird Hunt, Dale Smith, Kenneth Koch, Jeff Clark, Clark Coolidge, Eileen Myles, Anselm Berrigan, Pamela Lu, Charles Bernstein, Pierre Joris, Jenn McCreary, Jorge Clar, Tom Devaney, Pattie McCarthy, Kevin Varrone, and others!”

http://www.toolamagazine.com/index.html