Just got the iPhone 5, and don’t know what to do with your perfectly fine iPhone 4? (Jerk). Well, there’s a growing amount of cell phone recycling kiosks coming to malls near you that will pay you cash for your discarded gadgets. ecoATM, a startup that is building out these networks, has just raised $41 million in debt financing from private equity firm Falcon Investment Advisors, according to a filing, which could help it start pushing out a much higher volume of these kiosks.

Published Date: 
Wed, 02/06/2013
Publisher Source: 
GigaOM