Xconomy San Diego

Flipswap Secures New Round

  • Feed Type
  • Date
    11/14/2008
  • Company Name
    Flipswap
  • Mailing Address
    2771 Plaza Del Amo Torrance, CA 90503
  • Company Description
    Flipswap makes it easy to give mobile phones a second shot at life by offering fast, free and eco-friendly ways to trade them in. The average American buys a new cell phone every 12 months, which means more than one hundred million working phones become unused every year. Flipswap provides an easy way for consumers and businesses to make sure that these phones get put back into use by offering cash or store credit for them and then getting them into the hands of people that can’t afford a new phone.
  • Website
    http://www.flipswap.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    Undisclosed
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Proceeds purposes were not disclosed.
  • M&A Terms
  • Venture Investor
    RRE Ventures
  • Venture Investor
    NGEN Partners

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