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ecoATM Raises $14.4M

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San Diego-based ecoATM , a startup which develops automated kiosks for evaluating and buying back consumer electronics, announced today that it has raised $14.4M in funding in a combination of its Series A funding and venture debt. ecoATM said the new funding will go towards commercialization and product launch.

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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 announced late Wednesday afternoon that it has raised $40M in a mezzanine debt funding round, from Falcon Investment Advisors.

Claremont 140
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EcoATM Acquired For $350M By Coinstar

socalTECH

San Diego-based startup EcoATM , the developer of automated kiosks used for recycling cell phones and other electronics, has been acquired by newly renamed Coinstar (now known as Outerwall). ecoATM develops self-serve kiosks--found in many malls--which lets consumers turn in their mobile phones, tablets, and MP3 players for cash.

Claremont 174
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EcoATM Raises $17M

socalTECH

San Diego-based EcoATM , the developer of kiosks to help people trade in their old mobile phones and devices for cash, store credit, or gift cards, has raised $17M in a Series B funding round. The new round brings the company's total raised to $31.40M.

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Sapphire Energy Names New CTO

socalTECH

San Diego-based green technology firm Sapphire Energy , which is developing algae-to-crude oil production technology, has named Dr. Matthew Croughan as its new Chief Technology Officer. Sapphire has raised more than $300M in funding from such investors as Arrowpoint Partners and Monsanto. He also has served at Genentech. READ MORE>>.

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Building Robotics Backed By Navitas Capital

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Building Robotics , a developer of software to manage heating and cooling in commercial buildings, has raised $1.4M in a seed funding, which included Navitas Capital, a venture firm with offices in Los Angeles.

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Genalyte Raises $11.8M

socalTECH

San Diego-based Genalyte , a developer of life sciences equipment which uses silicon chips for protein and nucleic acid testing. The round came from Redmile Group, Claremont Creek Ventures, as well as earlier investors in the firm. said this morning that it has raised $11.8M in a Series B financing round.

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