ReCellular Secures New Funding Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0338e965-fa83-4adb-b263-eecbc84dd020&Preview=1 -
Date
5/22/2012 -
Company Name
ReCellular -
Mailing Address
2555 Bishop Circle West Dexter, MI 48130 -
Company Description
ReCellular’s comprehensive commitment to environmental protection has won numerous national and local awards. All phones and accessories that cannot be reused are recycled; the company recycles thousands of tons of electronic scrap every year. -
Website
http://www.recellular.com -
Transaction Type
Debt -
Transaction Amount
Undisclosed -
Transaction Round
Undisclosed -
Proceeds Purposes
This minimally dilutive facility, which is structured to complement the company’s existing capitalization, will help ReCellular accelerate strategic global growth opportunities. -
M&A Terms
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Venture Investor
NXT Capital
