Tuesday, March 18, 2008

RecycleBank that partners with cities and businesses to reward households that recycle has raised $30 million in Series B funding

What Company Is Offering:

RecycleBank, a Philadelphia-based company that partners with cities and businesses to reward households that recycle.

How Much They Got From VCs;

They have 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.

More at:www.recyclebank.com

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