Thursday, March 30, 2023

ecoATM Gazelle Finds $50M More

San Diego-based ecoATM Gazelle, which operates a network of kiosks which people use to trade in obsolete smartphones and mobile devices, says it has raised $50M more in a new "growth equity" funding round. The company said the investment came from its existing investors. Names of the investors participating in the funding were not announced. ecoATM is led by CEO Stan Pavlovsky. The company said the funding will go towards channel efforts, enterprise and sales partners, and building new technologies, among other efforts.