Investors Seeing Green In Media
It was about two months ago that we launched Earth2Tech — and in blogging years that can feel like a lifetime — but in that time there’s been some significant investments and acquisitions in green media. Today is the latest, with VentureWire reporting that the Cleantech Network, a cleantech trade, media and conference company, is in the process of raising $10 million in financing (hat tip VentureBeat).
Last month, the Cleantech Network made an acquisition of its own, buying cleantech trade publication Inside Greentech. In other deals, recently launched Greentech Media bought Rob Day’s blog, while Discovery acquired TreeHugger for a reported $10 million.
Great post!
If the economics don’t work, recycling efforts won’t either.
As our little contribution to make this economics of recycling more appealing, http://LivePaths.com blogs about people and companies that make money selling recycled or reused items, provide green services or help us reduce our dependency on non renewable resources.
Has is been two months already? As a reader it seems shorter… maybe you’ll be next to be bought!
[...] of the industry stalwarts Treehugger was snapped up for some $10m. It was all of three years old. Now we hear that Cleantech Network is raising some $10m in financing. This was just after it bought a publication called ‘Inside Greentech’. The boom rolls [...]