Wednesday, August 5, 2009

TechForward Raises $4.3M

Los Angeles-based Techforward, which operates a guaranteed buyback service for the consumer electronics industry, has raised $4.3M in a new round of equity funding, according to a regulatory filing form the firm this week. Techforward, which is headed by Jade Van Doren, has previously raised funding from New Enterprise Associates and First Round Capital. No details on the funding have been released by the firm, which allows consumers to lock in a trade-in price on their electronics at the time of purchase. More information »