EcoATM Raises $14.4M Series A With Claremont Creek And Coinstar Leading The Deal

EcoATM said it closed a $14.4 million Series A funding with Coinstar, Inc. and Claremont Creek leading the deal. The San Diego company operates a series of kiosks that buy back and recycle consumer electronics. As part of the transaction, outstanding notes were converted and Silicon Valley Bank will provide a significant amount of venture debt to the company.