A Los Angeles startup that’s trying to become a cleantech mashup of AngelList, LinkedIn and Intellectual Ventures, OnGreen, today announced it has hired ex-Hulu, ex-Myspace vice president Mark Richards as chief technology officer.
According to OnGreen’s founder and chief executive officer, Nikhil Jain, while the site is currently running in English by the end of 2011 it will also launch in Chinese.
Among companies that have used OnGreen to seek funding so far, two hundred eighty in 7 categories of cleantech have reported raising a cumulative $150 million, Jain said. The thing is, OnGreen can’t take direct credit for any of that funding. The site still lacks accreditation and other features that will enable it to track its impact, and act as a direct broker down the line. For now, it is just a free marketplace for deals and investors.
The incoming CTO, Mark Richards, explained:
“While a green tech marketplace may have content that’s very different from [the entertainment content] I’ve worked with before, this is about scaling and becoming more international. I’ll be ensuring that OnGreen can handle multiple users in any location, and making sure we maintain high performance and reliability as we grow.
The technology foundation of OnGreen does not rely on an out of the box social code base. It’s all being developed in-house, with an extensive number of custom Drupal modules. We’ll be growing a full-time tech team to support and expand on this, both in China and the U.S.”
OnGreen, a Los Angeles, CA-based online social media platform designed to help green start-ups raise capital and connect with investors and other industry professionals.
Founded in March 2007, Hulu is operated independently by a dedicated management team with offices in Los Angeles, New York, Chicago, Seattle and Beijing. NBC Universal, News Corporation, as of April 2009, Disney, Providence Equity Partners and the Hulu team share in the ownership stake of the company. Hulu is an online video service that offers a selection of hit shows, clips, movies and more at Hulu.com, numerous destination sites online, and through the ad-supported subscription service, Hulu Plus. Hulu...
AngelList is a community of startups and investors who make fund-raising efficient. Started by the dudes who do Venture Hacks. Meet the startups and investors. As of March 22 2011, approximately 275 startups and 417 investors have raised money and invested via AngelList.
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