| Website | ecoatm.com |
| @ecoatm | |
| Category | CleanTech |
| Phone | 805.570.2924 |
| Employees | 25 |
| Founded | 8/08 |
| Description | automated eCycling Stations |
| TOTAL | $31.4M |
| VENTURE FUNDING TOTAL | $31.4M |
| Series A, 2/10 | |
| Venture Round, 2/11 Claremont Creek Ventures Silicon Valley Bank | $14.4M |
| Venture Round, 5/12 Claremont Creek Ventures Coinstar Tao Venture Partners Moore Venture Partners AKS Capital | $17M |
Solving the eWaste problem on a broad scale requires the collaboration of the OEM’s that make the devices, the retailers that sell them, and the consumers that buy and retire them. With $25B in latent consumer assets available to mine and use as the incentive for all stakeholders in the chain, ecoATM will dramatically alter the current life-cycle of consumer electronics much the way 1970’s redemption value laws on bottles and cans dramatically changed their life-cycle. Given the enormous underserved worldwide demand for used mobile phones and other electronics, and the enormous and perpetually growing cache of these devices cluttering the homes of US consumers, a rare opportunity exists to build an enterprise which benefits consumers, retailers, OEM’s, and the environment alike. Please join us in transforming eWaste to the benefit of everyone!
ecoATM - How it Works
Added: 1/16/12
