Gazelle Gets $22M In VC Funding

Electronics recycler Gazelle has raised $22 million in a Series D round of venture capital funding.

Electronics recycler Gazelle has raised $22 million in a Series D round of venture capital funding. The investment round was led by Craton Equity Partners, while existing investors Physic Ventures, Venrock Associates and RockPort Capital also took part in the fundraising process. The funding enables Gazelle to make additional investments in key areas of business, including operational capital, marketing and inventory acquisition. The Boston, Massachusetts-based company has raised $46 million through four rounds of funding, adds Venture Beat.

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