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ecoATM Expands Recycling Kiosk Network

socalTECH

San Diego-based ecoATM , the startup which develops interactive kiosks which buy back used mobile phones and other electronics, said today that it has expanded its network of kiosks into Texas. EcoATM's kiosks allow people to trade in their unwanted electronics for cash or in-store credit. READ MORE>>.

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EcoATM Nabs $40M In Funding, Plans Major Expansion

socalTECH

EcoATM , the developer of those automated machines which lets you cash in your used phones, has some big plans--and some big money--as it plans to expand out its network of machines nationwide. EcoATM provide any details on the terms of the debt financing, but said it plans to use the new capital to roll out its kiosks nationwide.

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Ripple Acquirer Raises Funds

socalTECH

Casting some additional light on the acquisition of El Segundo-based Ripple last week, acquiring firm TargetCast Networks revealed today that it has received a new round of venture capital worth $6.5M from DFJ and its existing backer Claremont Creek Ventures, which the firm said would go towards expansion of its network.

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Ripple TV Acquired By TargetCast

socalTECH

El Segundo-based Ripple has been acquired by TargetCast Networks, a San Ramon-based operator of a out-of-home digital advertising network. According to TargetCast Networks, the buy gives it 1400 locations and 3425 screens delivering local and national advertisements. Financial terms of the buy were not disclosed. READ MORE>>.

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How TenOneTen Ventures Is Investing In LA's Technology Future

socalTECH

Despite a growing technology industry here in Southern California, local investors and entrepreneurs tell us there''s still a shortage of local, venture capital. Healthcare is a really obvious vertical, where there is data inefficiency and a tremendous amount of opportunity, but there''s also education, human capital and talent.

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