With 300 Kiosks In 20 States, Device Recycler EcoATM Secures $40M In Debt Financing To Go Nationwide

You know those mobile devices that everyone keeps raving about? Turns out it’s a huge business. Shocker, I know. Strategy Analytics recently estimated that about 1.6 billion mobile phones shipped in 2012. What’s more, according to Canalys’ report today, the tablet market grew by 75 percent in the fourth quarter to 46.2 million units, with total shipments hitting 114.6 million in 2012.

With all these new devices hitting the market, people tend to overlook the fact that this creates an enormous amount of waste. ecoATM debuted in 2011 with a green solution:

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