Second Rotation Lands $4,400,000 Series A Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=df7b8f56-3d66-4cfb-b602-b8701c86aadd&Preview=1 -
Date
1/29/2008 -
Company Name
Second Rotation -
Mailing Address
265 Winter Street Waltham, MA 02451 -
Company Description
Second Rotation is the destination for simplified selling of consumer electronics and gadgets online. The process is easy: Second Rotation determines the value of the item online, arranges pickup and shipping, and pays the seller a fair market value once the item is received. Items are then resold or responsibly recycled. -
Website
http://www.secondrotation.com -
Transaction Type
Venture Equity -
Transaction Amount
$4,400,000 -
Transaction Round
Series A -
Proceeds Purposes
Second Rotation will use the funds to advance product development and expansion, as well as for sales and marketing. -
M&A Terms
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Venture Investor
Venrock -
Venture Investor
Venrock -
Venture Investor
Undisclosed
