Cleantech Network to raise $10M for green conferences, consulting
Cleantech Network, the San Francisco media and conference company specializing in the area of green technology, is about to finish raising $10 million in financing, according to VentureWire (subscription required).
Reached by VentureBeat this morning, founder Nicholas Parker said he “can’t comment on rumours.”
Credit Suisse Group and U.K. investment firm Consensus Business Group provided the financing, which adds to funding already provided the company earlier by Sail Venture Partners and entrepreneur Bob Epstein.
According to the report, Credit Suisse and Consensus Business help manage the MASDAR Clean Technology Fund, recently created by the Abu Dhabi government. That fund might benefit from access to Cleantech Network’s reports, databases and other research on the clean-tech industry, as well as its industry conferences.
Cleantech Network is apparently already profitable, but wants to expand its consulting business.
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