Deal Announcements

Intechra Gets Hold Of $30 Million More Funding

Wednesday, May 23, 2007 5:30:00 AM PDT | VentureDeal Staff

CARROLLTON, TX -- Computer recycler Intechra Holdings Corp. announced the receipt of $30 million in additional venture capital funding from a syndicate of investment firms.

Intechra recycles computers and other information technology assets and re-markets certain products.  The company said it plans to use the funding proceeds to fund acquisitions.  It currently has 450 employees between six processing centers and two recycling centers.

Investors in the round were led by Richland Ventures, Oxford Bioscience Partners and First Avenue Partners.  The company has received over $50 million in venture capital in the past two years.

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