Tuesday, January 29, 2008

Second Rotation Raises $4.4 Million in First Round - Waltham, MA

Second Rotation, a Waltham-based, online retailer of consumer electronics and "gadgets," has raised $4.4 million in its initial round of funding. The round was led by Venrock, a venture capital firm founded by the Rockefeller family, and included angel investors Austin Ligon, Ashton Peery and Henry Vogel. Founded in 2006, Second Rotation determines the value of items online, arranges pickup and shipping, and pays the seller once the item is received. Items are then resold or recycled.



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