RecycleBank Raises $30 Million

RecycleBank, a Philadelphia-based company that partners with cities and businesses to reward households that recycle, has raised $30 million in Series B funding, according to VentureWire. Kleiner Perkins Caufield & Byers led the round, and was joined by return backers RRE Ventures and Sigma Partners.


The company previously raised a $13.1 million Series A round, and before that secured seed capital from Columbia University's Eugene M. Lang Center for Entrepreneurship.