What Company Is Offering:
Greentech Media is an integrated online media company designed to deliver the highest-quality content in the greentech industry, whether it is research, news or critical networking events. Greentech Media is headquartered in Cambridge, Mass., New England’s educational- and technology-innovation center, with operations in New York City and San Francisco.
How Much They Got From VCs:
Greentech Media, Inc., the industry leading online media company covering green technology news and analysis today announced that it has raised $2.75M in Series B financing. New investors EGORA Holding and The Massachusetts Green Energy Fund co-led the round. Existing investors Lightspeed Venture Partners and Northport Private Equity also participated, along with King Hill Capital a new investor as part of the Series B round.
How They Will Use Raised Funds:
Greentech Media will use the funds to expand its team, increase focused coverage on key greentech markets, grow its product offering and scale its sales efforts domestically and internationally. “In under a year we have quickly become the go-to source for information on green technology trends,” said Scott Clavenna, President and CEO of Greentech Media. “We’re at the start of an exciting transformation in the industry, where green technology trends have become part of the social consciousness, presenting real opportunity for growth, value creation and environmental change.”
More at:http://www.greentechmedia.com.
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