eRecyclingCorps Lands $105,000,000 Series C Funding Round

  • Feed Type
  • Date
    10/28/2013
  • Company Name
    eRecyclingCorps
  • Mailing Address
    909 Hidden Ridge Irving, TX 75038
  • Company Description
    We help consumers realize the value remaining in their phones by giving immediate in-store rewards for trade-ins. We then redistribute those devices to new users whose lives can be improved through access to wireless technology.
  • Website
    http://www.erecyclingcorps.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $105,000,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    Further validating eRC’s proven business model, this investment will provide growth capital to support potential acquisitions, geographic expansion and new, innovative products and services for its customers. It will extend the reach of eRC’s demonstrated ability to drive economic, social and environmental benefits for all of its partners.
  • M&A Terms
  • Venture Investor
    Kleiner Perkins Caufield & Byers
  • Venture Investor
    Silver Lake

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