The Boston based (more specifically Brighton) used gadget marketplace Gazelle has closed a $6 million series B round of funding led by RockPort Capital Partners. Gazelle is led by Rousseau Aurelien and not only does the company help save the environment but the recent economic woes have given Gazelle an even greater impetus – get cash for your gadgets during tough times! The Boston Globe recently wrote an article about Gazelle and Lawrence, MA based Nextworth which says:
Perhaps it’s time to bring in a little extra cash, by disposing of your unused devices. According to the Consumer Electronics Association, the average American household has two dozen such gadgets – such as TVs, DVD players, cameras, game consoles, and computers.
According to the Globe article a lot of people have trouble using sites like Craig’s List and eBay:
But how do you sell them? There are always Internet trading sites like eBay and Craigslist, but these can be costly and risky options for amateur traders. EBay requires a complicated sign-up process and charges transaction fees that will eat into your profits. Craigslist is free and simple, but provides no protection against scam artists who may try to pay with forged money orders or rubber checks. And you can’t be certain your stuff will sell, and at what price.
Gazelle simplifies the process for people by paying you cash up front and then they resell the gadgets online. For an online demo please view the video below:
