Tuesday, December 11, 2007

TechForward Got VCs Funding

What Company Is Offering:
TechForward empowers customers to keep pace with innovation while protecting the environment by promoting reuse and recycling. If you have ever had the experience of buying a device, and then finding out weeks later that something new is coming out that you want more, you should look into Guaranteed Buyback™. They currently offer Guaranteed Buybacks™ for laptops and iPods, and will soon be adding similar services for other consumer electronics devices. TechForward, Inc. is a privately-funded company based in Los Angeles.

How Much They Got From VCs:

It has raised a second round of funding from New Enterprise Associates. Prior investor First Round Capital also participated in the round. Financial terms of the funding was not disclosed. TechForward sells plans--similar to an extended warranty--which allows people purchasing computers and consumer electronics to guarantee a specific trade-in value on those items. The firm said the funding will go towards expanding the reach of its product.


http://www.techforward.com/

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