{{multiple issues| {{COI|date=December 2015}} {{primary sources|date=December 2015}} {{promotional|date=September 2015}} }} {{Infobox company | name = ecoATM, LLC | logo = Gazelle, Inc. Logo.svg | logo_size = 200px | type = Private | predecessor = | successor = | founder = {{ubl|Israel Ganot|Rousseau Aurelien|James McElhiney}} | defunct = | fate = | area_served = | key_people = {{ubl|Chris Sullivan {{small|(CEO)}}|Sarah Welch {{small|(CMO)}}|Ben Katz {{small|(CTO)}}}} | industry = eCommerce | genre = | products = | production = | services = | revenue = $100+ Million {{small|(2013)}} | operating_income = | net_income = | aum = | assets = | equity = | owner = | num_employees = | parent = | divisions = | subsid = | footnotes = | intl = | caption = | foundation = Boston, Massachusetts (2006) | location_city = San Diego, CA | location_country = United States | location = | locations = {{ubl|San Diego, CA|Louisville, KY}} | homepage = {{URL|http://www.gazelle.com}} }}

'''ecoATM, LLC,''' doing business as '''Gazelle''', is an e-commerce company founded in 2006 that recycles used electronic devices,<ref>Scherzer, L. ''Yahoo! Finance'' (January 4, 2013). "[https://finance.yahoo.com/blogs/the-exchange/apple-crime-spree-221345517.html The Apple Crime Spree.]</ref> such as mobile phones and tablet and laptop computers.<ref>Koivu, L. ''U.S. News & World Report'' (2015). "[http://money.usnews.com/money/the-frugal-shopper/2015/01/14/how-to-make-money-off-of-old-electronics How to Make Money Off of Old Electronics.]"</ref> It is headquartered in San Diego, California with operations in Louisville, Kentucky.<ref name="auto">Robinson, A. ''Louisville Business First'' (2013). "[http://www.bizjournals.com/louisville/news/2013/11/20/gazelle-growing-quickly-in-louisville.html?page=all Gazelle growing quickly in Louisville.]"</ref>

==History== Gazelle was founded in 2006 by Israel Ganot, Rousseau Aurelien, and James McElhiney. The company launched Gazelle.com launched in 2008 and secured $46 million in funding<ref>Cohan, P. ''Forbes'' (2013). "[https://www.forbes.com/sites/petercohan/2013/01/24/boston-start-up-gives-cash-for-high-end-electronics/ Boston Start-up Gives Cash For High End Electronics]"</ref> from investors including Venrock, Rockport Capital, Physic Ventures and Craton Equity Partners.

The company's corporate office is located in San Diego, California, and employs over 150 people. In June 2013, Gazelle opened its first processing center in Louisville, Kentucky, which operates with approximately 150 employees.<ref name="auto"/> In 2013, the company reached over $100 million in revenue, with an annual growth rate of 80 percent.<ref>Kirsner, S. ''The Boston Globe'' (2014). "[https://www.bostonglobe.com/business/2014/07/05/emerging-market-for-pre-owned-certified-smartphones/fFJPIs0AfTymQw1MhrgMYP/story.html Market burgeons for pre-owned smartphones]"</ref>

In November 2014, Gazelle launched a store offering certified pre-owned devices directly to consumers.<ref>''Apple Insider'' (2014). "[http://appleinsider.com/articles/14/11/03/gazelle-launches-certified-preowned-store-specializing-in-quality-used-apple-iphones-ipads- Gazelle launches certified preowned store specializing in quality used Apple iPhones & iPads.]"</ref>

By late 2014, Gazelle had paid $200 million to consumers for used devices and had processed over 2 million devices from more than 1 million customers.<ref>''Environmental Leader'' (2014). "[http://www.environmentalleader.com/2014/11/20/gazelle-pays-200m-for-used-electronic-devices/ Gazelle Pays $200M for Used Electronic Devices.]"</ref>

On November 10, 2015, Gazelle was officially acquired by Outerwall Inc., the owner of ecoATM, another electronics recycling company.<ref>{{Cite web|title=After raising $65M, smartphone reseller Gazelle sold for $18M|url=http://www.betaboston.com/news/2015/11/04/after-raising-65m-smartphone-reseller-gazelle-sold-for-18m/|access-date=2020-09-03|website=www.betaboston.com|language=en-US}}</ref>

In December 2020, Gazelle announced that it would be shutting down its trade-in program effective February 1, 2021.;<ref>{{Cite web|last=Statt|first=Nick|date=2020-12-30|title=Trade-in site Gazelle is ending trade-ins|url=https://www.theverge.com/2020/12/30/22206779/gazelle-smartphone-used-trade-in-program-shut-down|access-date=2021-01-13|website=The Verge|language=en}}</ref> the company reversed this decision two months later.<ref>{{Cite web|date=2021-04-06|title= Gazelle brings back its phone trade-in program two months after discontinuing it|url= https://www.theverge.com/2021/4/6/22370595/gazelle-trade-in-program-is-back-returns-iphone-samsung-smartphone-selling|access-date=2024-11-29|website=The Verge|language=en}}</ref>

==Recognition and awards== * Gazelle reached its two millionth device milestone in May 2014.<ref>Harris, D. ''Boston Business Journal'' (2014). "[http://www.bizjournals.com/boston/blog/techflash/2014/05/consumer-electronics-trade-in-site-gazelle-says.html Consumer electronics trade-in site Gazelle says it's accepted 2 million devices, served 1 million customers.]"</ref> * In 2012, Gazelle ranked within the Inc. 500 Fastest Growing Companies for three years in a row.<ref name="auto1">''Inc. Magazine''. "[http://www.inc.com/profile/gazelle Inc. 5000, Gazelle.]" {{Webarchive|url=https://web.archive.org/web/20121205005539/http://www.inc.com/profile/gazelle |date=2012-12-05 }}</ref> * In 2012, Gazelle ranked as #97 the Top 100 Consumer Products & Services Companies, #16 in the Top 100 Massachusetts Companies, and #15 in the Boston Metro Area.<ref name="auto1"/>

==See also== *Electronic waste in the United States

==References== {{Reflist}}

==External links== *[http://www.gazelle.com Gazelle]

{{Authority control}}

{{DEFAULTSORT:Gazelle (Internet Company)}} Category:Electronic waste in the United States Category:Software companies based in Massachusetts Category:Software companies of the United States Category:American companies established in 2006 Category:Vending Category:2006 establishments in Massachusetts Category:Companies based in San Diego Category:Online companies of the United States