Greener World Media, an Oakland-based media company that focuses on the greening of mainstream business and technology, announced earlier this month that it closed a $1 million Series A round of financing with the K Group. Among its services, Greener World Media operates GreenBiz.com, GreenerBuildings.com, ClimateBiz.com, and GreenerComputing.com.
The company said that it will use the funds to expand in a number of areas including developing new online products around its GreenBiz.com brand, researching build-outs around its State of Green Business report, and new events to complement its recent Greener by Design conference.
"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."
In the press release announcing its Series A financing, Greener World Media also announced the hiring of two senior executives - Hugh Byrne as Senior Vice President of Product Development and Marketing, and Alan Robinson as Vice President of Sales and Business Development.
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