Tuesday, May 1, 2012

Coinstar Boosts Cell Phone Trade-In Kiosk Maker EcoATM

Seattle-based Coinstar is upping it investment in a maker of kiosks used to help people trade in their old cell phones for cash, store credit, or gift cards. EcoATM, whose kiosks are used to encourage cell phone trade-ins, has raised $17M in a second round of funding, from Coinstar, PI Holdings, Moore Venture Partners, AKS Capital, Koh Boon Hwee, Claremont Creek Ventures and TAO Ventures. Coinstar was already an investor in EcoATM, having participated in a funding for that company in 2010. More information »