Tuesday, May 13, 2008

Greentech Media Raises $2.75 Million in Second Round - Cambridge, MA

Greentech Media, a Cambridge-based, online media company covering green technology news and analysis, announced on Tuesday that it has raised $2.75 million in its second round of venture capital, which was co-led by EGORA Holding and The Massachusetts Green Energy Fund. Other investors in the deal include Lightspeed Venture Partners, Northport Private Equity, and King Hill Capital. Greentech Media was founded in February 2007. The company said it will use the funds to expand its team, increase focused coverage on key greentech markets, grow its product offering, and scale up its sales efforts domestically and internationally.



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