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Category: GOOD Worldwide

GOOD Acquires Jumo

GOOD Worldwide

GOOD, a Los Angeles, California-based media company with a mission to help individuals, businesses, and non-profits live well and do good, announced last week that it acquired Jumo, a social network for causes. Terms of the acquisition were not disclosed.

Jumo was founded by Facebook cofounder Chris Hughes and launched in 2010. According to TechCrunch, Jumo had received $3.5 million in funding from sources including the Omidyar Network and the Knight Foundation.  Hughes will join GOOD as a senior advisor and according to an e-mail sent to Jumo members "in the spirit of our heritage as a non-profit, [Jumo] will be open-sourcing our own codebase to enable other social entrepreneurs to use our progress thus far for their own endeavors."

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GOOD Announces Advisory Board Additions and Partnership with GoodSearch

GOOD Worldwide

GOOD Worldwide, a Los Angeles, California-based media company with a mission to help individuals, businesses, and non-profits live well and do good, announced the addition of Chad Hurley (Co-Founder and CEO of YouTube), Jill Beraud (Chief Marketing Officer of Pepsi Americas Beverages & President, Joint Ventures) and Charles Best (Founder and CEO of Donors Choose) to the company's advisory board.

“We are excited to have Chad, Jill and Charles join GOOD in a meaningful way. They are excellent additions to our board of advisors, sharing years of knowledge from the nonprofit, media and technology worlds,” said Craig Shapiro, President of GOOD. “Their unique insights and diverse experience will enable us to position ourselves for continued success and achieve our company mission, which is to celebrate and enable individuals, businesses and nonprofits pushing the world forward.”

“GOOD has created an exciting platform for people to engage with the world around them and align interests," said Mr. Hurley. “I look forward to transferring my experiences as an entrepreneur – helping them to aggregate the audience, further foster the community and scale the product.”

“I'm excited to join my esteemed colleagues in advising GOOD’s leadership team,” said Mrs. Beraud. “What they have built to date is quite impressive and I believe they have only scratched the surface. I plan to call on my experience to explore exciting possibilities that can benefit the entire GOOD community.”

“I am honored to join such a passionate group of people with core values similar to my own,” said Mr. Best. “GOOD has made an impact in a very short period of time and built a brand that truly stands for something. I'm looking forward to helping them grow the business.”

GOOD also announced that it recently formed a strategic partnership with GoodSearch under which the two entities will combine their internet traffic under the GOOD umbrella.

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GOOD Worldwide Announces Series A Funding and New Organization

GOOD Worldwide

GOOD Worldwide, a Los Angeles, California-based company with a mission "to unite, celebrate, and support the individuals, businesses, and non-profits driving progress in today’s world," announced earlier this week that it closed a series A round of funding. The round was led by GOOD co-founder Ben Goldhirsh and included several angel investors, including Nicholas Negroponte.  According to a report on TechCrunch, this round was in the "single digit millions."

In this announcement the company also stated that Reason Pictures, GOOD Magazine, and GOOD Digital have been consolidated under a single entity (GOOD Worldwide) and that as part of this consolidation, Craig Shapiro was named President of GOOD Worldwide in December, 2008. Mr. Shapiro previously led GOOD's digital efforts, was Head of Content Strategy and Acquisition at SK Telecom-Earthlink Joint Venture (Helio) and served on the board of the Mobile Marketing Association.

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