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- eRecyclingCorps Seals $35M Led by KPCB
Texas-based eRecyclingCorps, the developer of an in-store credit platform for recycling wireless devices, has raised $35 million in a new round led by Kleiner Perkins Caufield & Byers. ERC launched in 2009, and previously raised capital from OpenAir Equity Partners and SJF Ventures.
- EcoMotors Adds Andrew Chung to its Board
Andrew Chung, a partners at Khosla Ventures, has joined the board of engine developer EcoMotors. Established in 2008, EcoMotors is based in Allen Park, Mich., and backed by Khosla Ventures and Bill Gates.
- Kleiner, Sequoia Capital Distributions Have Noticeably Slowed Since 2003
Kleiner has returned more capital to UC than Sequoia over the past 20 years
- Fund Briefs, December 2011
Elevation seeks growth fund; Big Data attracts IA Ventures and Accel; while Intel launches AppUp fund