Wednesday, October 14, 2009

GOOD Gets Funding Round

Los Angeles-based GOOD, a media firm which operates Reason Pictures, GOOD Magazine, and GOOD Digital, announced this week that it has raised a Series A funding round. Amount of the funding was not disclosed. Investors included angels and Nicholas Negroponte and Ben Goldhirsch, the firm's CEO and co-founder. Goldhirsh is the son of Inc. magazine founder Bernie Goldhirsch. Ben Goldhirsch founded GOOD in 2006, and prior to this round was funded by Goldhirsch himself, who told the New York Times in 2006 that he planned to invest $10M in the company over the next 5 years. GOOD's media properties focus on social causes. More information »

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