RecycleBank gets $30M from Kleiner Perkins to reward recyclers

RecycleBank gets $30M from Kleiner Perkins to reward recyclers

RecycleBank, a Philadelphia company that rewards people for recycling at home, has raised another $30 million in financing led by Silicon Valley venture firm Kleiner Perkins Caufield & Byers, according to VentureWire.

We first reported on RecycleBank last year, when it raised $13.1 million in a first round from RRE Ventures and Sigma Partners, which also invested in the latest round.

The company signs deals with waste disposal companies so that it can track the recycling habits of households… Continue Reading