Claremont Creek Ventures’ portfolio company EcoATM featured in article: The Internet of Things meets cell phone recycling

January 16th, 2012  source: GigaOm

Randy Hawksecoatm kioskWe are excited by the promise of EcoATM as I mentioned in a prior post. Although a lot of these kiosks won’t be in place for a couple of years, they are gaining traction. As reported by Katie Ferenbacher in the GigaOm article, the company’s secret sauce is the kiosks’ ability to automatically estimate — using electronic and visual techniques — a price of the unwanted items that will give consumers an immediate financial incentive to recycle at the station.

 Lots of promise with EcoATM.