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730,000 Recycled Phones Later, Flipswap Raises $14 Million in Series B Funding
by Greg Kumparak on November 12, 2008

There comes a point in every cell phone’s life when it’s just time for retirement. Whether you’re all set for that 2-year upgrade or you’re just dying for the latest and great, sometimes you’re just ready to power down the old one for good. Rather than letting it sit in your sock drawer in its sad, purposeless state, why not make some cash and help the earth a bit?

That’s the idea behind Flipswap, a mobile phone trade-in and recycling company which is today announcing a $14 million round of Series B funding by NGEN Partners and RRE Ventures.

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