ecoATM Hits One Million Recycled Electronic Devices


San Diego-based ecoATM , the startup led by Tom Tullie which develops kiosks for recycling used mobile phones, MP3 players, and tablets, reported yesterday that it has now recycled more than one million electronic devices. EcoATM develops self serve kiosks which pay users cash when they trade in their electronic devices. The firm was part of the EvoNexus incubator, and is venture backed by Claremont Creek Ventures, Coinstar, and Tao Venture Capital Partners.

Silicon Beach Software's Dark Castle Revived Online


Dark Castle , the popular 1980's video game for the Macintosh developed by San Diego's Silicon Beach Software , has been revived--this time, on the web--as part of a trove of throwback Apple Mac software products released by the Internet Archive. Silicon Beach's Jonathan Gay programmed Dark Castle while still in college at Harvey Mudd College in Claremont, in a collaboration with game designer Mark Pierce.

ecoATM Raises $14.4M


San Diego-based ecoATM , a startup which develops automated kiosks for evaluating and buying back consumer electronics, announced today that it has raised $14.4M The funding came from Coinstar and Claremont Creek, along with venture debt from Silicon Valley Bank. Randy Hawks of Claremont Creek, and Gary Cohen, Senior Vice President of Marketing and Customer Experience at Redbox, join the firm's board as part of the funding.

EcoATM Raises $17M


San Diego-based EcoATM , the developer of kiosks to help people trade in their old mobile phones and devices for cash, store credit, or gift cards, has raised $17M in a Series B funding round. The round came from Coinstar, PI Holdings, Moore Venture Partners, AKS Capital, Koh Boon Hwee, along with Claremont Creek Ventures and TAO Ventures.

Sapphire Energy Names New CTO


San Diego-based green technology firm Sapphire Energy , which is developing algae-to-crude oil production technology, has named Dr. Matthew Croughan as its new Chief Technology Officer. and Joy Rathmann Professor and Director of the Amgen Bioprocessing Center at Keck Graduate Institute at the Claremont Colleges.

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EcoATM Scores Recognition At DEMO


San Diego's EcoATM , the developer of kiosk-based buyback of consumer electronics, has scored one of the top prizes at the DEMO conference in Palm Springs. ecoATM is headed by Tom Tullie, and is backed by Coinstar and Claremont Creek. The firm was named a DEMOgod winner, one of the top seven firms to pitch at the launch event. The firm is fresh off of a $14.4M fundraising it announced in February. READ MORE>>. ecoatm demo consumer electronics kiosk buyback conference launch

EcoATM Acquired For $350M By Coinstar


San Diego-based startup EcoATM , the developer of automated kiosks used for recycling cell phones and other electronics, has been acquired by newly renamed Coinstar (now known as Outerwall). ecoATM develops self-serve kiosks--found in many malls--which lets consumers turn in their mobile phones, tablets, and MP3 players for cash.

Genalyte Raises $11.8M


San Diego-based Genalyte , a developer of life sciences equipment which uses silicon chips for protein and nucleic acid testing. The round came from Redmile Group, Claremont Creek Ventures, as well as earlier investors in the firm. said this morning that it has raised $11.8M in a Series B financing round. The company said the new funding will go towards commercialization of its platform, which it is targeting at autoimmune and immunoassay applications.

Building Robotics Backed By Navitas Capital


Building Robotics , a developer of software to manage heating and cooling in commercial buildings, has raised $1.4M The funding came from Claremont Creek Ventures, Google Ventures, Formation 8, Navitas Capital, Red Swan Ventures, and other angels. in a seed funding, which included Navitas Capital, a venture firm with offices in Los Angeles.

ecoATM Expands Recycling Kiosk Network


San Diego-based ecoATM , the startup which develops interactive kiosks which buy back used mobile phones and other electronics, said today that it has expanded its network of kiosks into Texas. EcoATM is led by Tom Tullie, and venture backed by Coinstar, PI Holdings, Moore Venture Partners, AKS Capital, Koh Boon Hwee, Claremont Creek Ventures and TAO Ventures.

First Ever Startup Weekend Orange County Live!

Tech Zulu Event

Maneesh has more than nine years of product development and operational experience in the high tech industry. At Broadcom, he was instrumental and led efforts in the development and evolution of the cable, satellite, and television chip sets.

Bikestation Gains Funding


Irvine-based Bikestation , a developer of facilities for bicycle commuting, has scored an investment from the Tech Coast Angels angel investment group, the TCA said this morning. Bikestation develops infrastructure, including lockers, changing facilities, showers, and repair services, to help people ride and park their bicycles.

EcoATM Nabs $40M In Funding, Plans Major Expansion


EcoATM , the developer of those automated machines which lets you cash in your used phones, has some big plans--and some big money--as it plans to expand out its network of machines nationwide. EcoATM's equity investors include Claremont Creek Ventures and Coinstar; the firm last announced funding back in May of last year, when it pulled in $17M in an equity funding.

How TenOneTen Ventures Is Investing In LA's Technology Future


In particular, funding for companies developing deep technology--software and cloud, as opposed to content and media--seems to be lacking. That''s the reason we developed our own positioning there. There''s Caltech, the Claremont Colleges, Harvey Mudd, UCLA.

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A Chat With Jamie Montgomery On How LA's Tech Ecosystem Has Grown


The universities are now more focused on the innovation economy, with schools like USC, UCLA, Caltech, the Claremont Colleges all bringing good people to LA. The LIDAR, the sensors, the software, what's been developed for and by the aerospace industry, JPL, and local universities. Next week is the Montgomery Summit (, one of the longest running technology conferences held in Los Angeles.

Interview with Sunil Rajaraman, Scripped


Zak and I went to Claremont McKenna together, and have been friends for a long, long time. And, we think we'll eventually reduce the cost associated with the development departments at the studios. We're always interested in how technology is influencing the business of Hollywood, and recently ran across Los Angeles-based Scripped. Scripped ( is applying the world of Web 2.0