Friday, June 13, 2008

Greener World Media Inc. is the first media company focused exclusively on the greening of mainstream business and technology

What Company Is Offering:
Greener World Media Inc. is the first media company focused exclusively on the greening of mainstream business and technology. Centered around the acclaimed GreenBiz.com, its online properties also include GreenerBuildings.com, ClimateBiz.com, and GreenerComputing.com, as well as these sites' respective e-newsletters.

How Much They Got From VCs:

Greener World Media announced today the closure of a $1 million Series A round with the K Group.

The investment round will help Greener World Media build on its leading position in green business media. It will include development of new online products around its GreenBiz.com brand, research build-outs around the State of Green Business report, and new events to complement the company's Greener by Design conference, June 12-13 in Alexandria, Va.

"We believe there is tremendous growth potential in both green business and online-driven media," said Ronen Kalmanson, Managing Partner of K Group. "Greener World Media, with the management team of Joel Makower and Pete May, represents the perfect intersection of those two trends."

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