June 06, 2013

Gazelle Pays Out $100 Million to Consumers for Used Devices

Gazelle, the nation’s leading consumer electronics trade-in site, today announced a major milestone. The company has paid out $100 million for used devices a testament of its continued success in unlocking the value of used devices and fueling the reCommerce market in the United States. Since Gazelle’s launch in 2008, the company has seen an exponential increase in the number of devices that h...

Gazelle, the nation’s leading consumer electronics trade-in site, today announced a major milestone. The company has paid out $100 million for used devices a testament of its continued success in unlocking the value of used devices and fueling the reCommerce market in the United States.

Since Gazelle’s launch in 2008, the company has seen an exponential increase in the number of devices that have been traded in year over year. From its diverse catalog of accepted devices, the iPhone 3G ranks the all-time most popular device traded in on the site, with iPhone 4 in second place. Over the past three years the company has been growing revenue at an average ofabout 100 percentper year, and hit its one-millionth device milestone back in September 2012.

The company received its first device, a Motorola RAZR, in 2007 and the device to put Gazelle over the $100 million mark was coincidentally a Motorola Droid RAZR MAXX.

“Hitting the $100 million mark is an impressive achievement for us, and a testament to the hard work and dedication from everyone at this company,” said Israel Ganot, CEO, Gazelle. “We’re focused on providing the best possible experience for our customers to trade-in their used devices, and milestones like this validate our success at providing a service that’s valuable for consumers in a market that will continue to flourish.”

“I’ve been a loyal Gazelle user for more than three years. Gazelle is super easy, fast and straightforward, plus, I know I’m getting the best price for my old gadgets -- I even got money back for my broken iPhone,” said Gazelle customer Amanda Long from Pompano Beach, Fla. “I love having the option to choose the way I want to be paid for my device, and the promise of complete data removal from my old electronics offers real peace of mind. Because of the above-average service I’ve consistently experienced with Gazelle, I’ve referred my friends and family to use the site, as well.” Long has transacted with Gazelle eight times and has traded in 17 items since April 2010.

Gazelle provides an easy, fast and safe way for consumers to trade-in used devices for cash, which can be used to subsidize their next device purchase. The company currently focuses on high-end consumer electronics, including smartphones, tablets, iPods and laptop and desktop computers.

For more information on how you can trade-in your used device, visitwww.gazelle.com.

About Gazelle

Gazelle (www.gazelle.com) is the nation's leading consumer electronics trade-in site, providing an easy, fast and safe way for consumers to get cash for their unwanted devices. Gazelle takes the risk and effort out of selling electronic gadgets online with benefits such as free shipping and packaging and comprehensive identity and data removal. To date, Gazelle has paid out more than $100 million, helping consumers upgrade to the latest technology and earn quick cash. Based in Boston, Gazelle is privately owned and is backed by premier venture capital firms Venrock Associates, RockPort Capital Partners, Physic Ventures and Craton Equity Partners.

Contact:

Chantal Reisman for Gazelle

617-945-1915

gazelle@launchsquad.com

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May 22, 2013

Gazelle Announces New Chief Talent Officer

Gazelle, the nation’s leading consumer electronics trade-in site, today announced Susan M. McCuaig has joined the company as the new chief talent officer. With extensive experience in human resources (HR) for companies of all sizes, McCuaig will be responsible for managing the growth of Gazelle’s employee base through an enhanced talent acquisition and development program. “As the number of mo...

Gazelle, the nation’s leading consumer electronics trade-in site, today announced Susan M. McCuaig has joined the company as the new chief talent officer. With extensive experience in human resources (HR) for companies of all sizes, McCuaig will be responsible for managing the growth of Gazelle’s employee base through an enhanced talent acquisition and development program.

“As the number of mobile devices entering the market each year continues to increase, there’s an immediate need and opportunity for a company like Gazelle to unlock the value of used devices. Because of this, it’s critical they hire the best talent possible to keep up with this pace while continuing to deliver the best possible customer experience,” said McCuaig, “I’m truly excited to be joining the Gazelle team and look forward to the great things to come.”

“Gazelle is a great place to work, and it’s my goal to make it even better over the coming years. Hiring Susan is just one step in this process,” said Israel Ganot, CEO, Gazelle. “Her senior HR experience has resulted in building world-class, global HR functions many times over. Joining our already strong and talented management team, she will play a key role in guiding Gazelle through an exciting period of growth and change. We’re thrilled to have Susan on board.”

McCuaig’s senior HR experience runs the gamut from small e-commerce start-ups to large international manufacturing companies, and includes pre-IPO organizations as well as established public companies. Before joining Gazelle, McCuaig led Human Resources for DAVIDsTEA, Inc. Prior to that she served as the vice president, Human Resources for CIRCOR International, Inc., a global manufacturer of highly engineered products for the industrial, aerospace and energy markets. Previously, she served as assistant vice president Human Resources for State Street Corporation, where she supported State Street's Wealth Managers Services and Securities Finance divisions. She has also served as the HR advisor to Radius Capital Partners, LLC, vice president of Human Resources for Color Kinetics Incorporated, and served as a partner in Website000 LLC, a business specializing in strategic and organizational development of start-up and emerging growth companies. McCuaig has an MBA from Suffolk University and sits on their management advisory board.

For more information about Gazelle, visit www.gazelle.com.

About Gazelle

Gazelle (www.gazelle.com) is the nation's leading consumer electronics trade-in site, providing an easy, fast and safe way for consumers to get cash for their unwanted devices. Gazelle takes the risk and effort out of selling electronic gadgets online with benefits such as free shipping and packaging and comprehensive identity and data removal. To date, Gazelle has accepted more than one million trade-ins, helping consumers upgrade to the latest technology and earn quick cash. Based in Boston, Gazelle is privately owned and is backed by premier venture capital firms Venrock Associates, RockPort Capital Partners, Physic Ventures and Craton Equity Partners.

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Contact:

Kristin Allaben for Gazelle

617-945-1915

gazelle@launchsquad.com

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April 18, 2013

Gazelle Donation Drive Offers Consumers a "Cash Free" Way to Support Boston Marathon Attack Victims

Gazelle, the leading consumer electronics website and a Boston-based company, today announced the start of a donation drive to give consumers another way to donate to the victims of the Boston Marathon attack. Who: Gazelle, with all proceeds to benefit The One Fund Boston, the victims' relief fund established by Massachusetts Governor Deval Patrick and Boston Mayor Thomas Menino. What: Consum...

Gazelle, the leading consumer electronics website and a Boston-based company, today announced the start of a donation drive to give consumers another way to donate to the victims of the Boston Marathon attack.

Who: Gazelle, with all proceeds to benefit The One Fund Boston, the victims' relief fund established by Massachusetts Governor Deval Patrick and Boston Mayor Thomas Menino.

What: Consumers can trade-in their used devices on Gazelle.com and donate the value of those devices to The One Fund. In addition to the value normally paid to consumers, Gazelle will donate 100% of profits from the resale of those devices to The One Fund. Eligible devices include any item that can normally be sold to Gazelle, including used iPhones, other high-end smartphones, iPads, iPods and Apple computers.

Where: Consumers can trade-in their used devices on www.gazelle.com/donate to donate.

When: Throughout the month of April 2013.

Why: As a Boston-based company, Gazelle wants to help those in our community impacted by the horrific events of this week. Gazelle's research suggests that roughly half of Americans have an unused smartphone sitting in their homes. This creates an opportunity for consumers to generate a meaningful impact without having to spend cash by donating electronics through Gazelle.

For more information, visit www.gazelle.com/donate

About Gazelle Gazelle (www.gazelle.com) is the nation's leading high-end consumer electronics trade-in site, providing an easy, fast and safe way for consumers to get cash for their unwanted devices. Gazelle takes the risk and effort out of selling electronic gadgets online with benefits such as free shipping and packaging and comprehensive identity and data removal. To date, Gazelle has accepted more than one million trade-ins, helping consumers upgrade to the latest technology and earn quick cash. Based in Boston, Gazelle is privately owned and is backed by premier venture capital firms Venrock Associates, RockPort Capital Partners, Physic Ventures and Craton Equity Partners.

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April 01, 2013

Gazelle for Good Supports Plant a Billion Trees Campaign

Gazelle, the nation's leading consumer electronics trade-in site, today announced it has teamed up with The Nature Conservancy in support of Earth Month 2013. Gazelle will contribute $1 from every trade received throughout the month of April to The Nature Conservancy's "Plant a Billion Trees" campaign, with a minimum contribution of $25,000. "The Nature Conservancy is committed to protecting t...

Gazelle, the nation's leading consumer electronics trade-in site, today announced it has teamed up with The Nature Conservancy in support of Earth Month 2013. Gazelle will contribute $1 from every trade received throughout the month of April to The Nature Conservancy's "Plant a Billion Trees" campaign, with a minimum contribution of $25,000.

"The Nature Conservancy is committed to protecting the lands and waters on which all life depends. Brazil's Atlantic Forest is facing unprecedented challenges due to urban expansion, agriculture, ranching and illegal logging," said João Campari, director for the Atlantic Forest and Central Savannas program of The Nature Conservancy. "The funds raised with Gazelle will help advance our restoration work in critical headwaters of the Atlantic Forest, helping to secure clean water for a growing population."

One of the challenges associated with a growing population is the growing number of old and unwanted consumer electronics. In a survey conducted by Gazelle, more than 50 percent of respondents reported putting unwanted gadgets aside, usually in a drawer or closet, instead of selling or recycling them. According to the EPA, there are more than 10 billion pounds of consumer electronics in storage in U.S. homes*, equating to approximately 87 pounds per household.

"Reuse is core to Gazelle's business and has an even greater impact than recycling on perpetuating a sustainable lifestyle," said Israel Ganot, CEO, Gazelle. "The number of unwanted mobile devices is expected to outnumber the global population by the end of this year. By educating consumers about the opportunity to extend the lifecycle of their unwanted devices, we can not only protect the environment, but also help people around the world gain access to cutting-edge technology. Add in the opportunity to earn cash and there really isn't a good reason for people to hold on to their old electronics."

Every trade-in during April will help support the restoration of Brazil's Atlantic Forest to protect fresh water and clean air, pollinate crops and provide food and shelter for millions of people, plants and animals. Through "Plant a Billion Trees," The Nature Conservancy is working to reforest 2.5 million acres and connect more than 12 million acres in new forest corridors. More information is available at www.nature.org/plantabillion.

The work with The Nature Conservancy is the latest activity from Gazelle for Good, a Gazelle program to promote global sustainable technology consumption and give back to the community.

For more information on Gazelle, visitwww.gazelle.com.

*Source: 2009 EPA Statistics on the Management of Used and End-of-Life Electronics

About Gazelle
Gazelle (www.gazelle.com) is the nation's leading consumer electronics trade-in site, providing an easy, fast and safe way for consumers to get cash for their unwanted devices. Gazelle takes the risk and effort out of selling electronic gadgets online with benefits such as free shipping and packaging and comprehensive identity and data removal. To date, Gazelle has accepted more than one million trade-ins, helping consumers upgrade to the latest technology and earn quick cash. Based in Boston, Gazelle is privately owned and is backed by premier venture capital firms Venrock Associates, RockPort Capital Partners, Physic Ventures and Craton Equity Partners.

Gazelle is a trademark of Gazelle, Inc., registered in the U.S.

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February 27, 2013

Gazelle Identifies Top Ten Klutziest Cities in America

Hey there America, we’ve been watching you. Gazelle, the nation's leading trade-in site for high-end consumer electronics, has been keeping tabs on the condition of your traded-in phones, to see which cities in America are the klutziest. We calculated the percentage of phones sent in that were cracked, dented or water-damaged to compile our list. Congratulations to our friends from the South, h...

Hey there America, we’ve been watching you. Gazelle, the nation's leading trade-in site for high-end consumer electronics, has been keeping tabs on the condition of your traded-in phones, to see which cities in America are the klutziest. We calculated the percentage of phones sent in that were cracked, dented or water-damaged to compile our list. Congratulations to our friends from the South, home to six of 10 cities to make our list. Led by Tallahassee, Fla., the South sent us the largest percent of broken or damaged phones. New York was the only state to represent two cities on the list, Bronx and Staten Island. And to our friends out West, you either baby your phones, or you just haven’t been living enough. Your region was the least likely to send us a phone in bad condition.

Let’s take a look at who made our Top 10 Klutziest Cities list, based on the percentage of broken or damaged iPhones Gazelle received:

|

Rank

|

City

|

Percentage of Phones Traded in That Are Broken

| |

1

|

Tallahassee, Fla.

|

21.29%

| |

2

|

New Orleans, La.

|

21.12%

| |

3

|

Bakersfield, Calif.

|

20.63%

| |

4

|

Bronx, N.Y.

|

19.88%

| |

5

|

Virginia Beach, Va.

|

19.23%

| |

6

|

Oklahoma City, Okla.

|

18.9%

| |

7

|

Memphis, Tenn.

|

18.68%

| |

8

|

Baton Rouge, La.

|

18.44%

| |

9

|

Staten Island, N.Y.

|

18.16%

| |

10

|

Boston, Mass.

|

18.13%

|

“They may be klutzy but they are also smart since these are the people who are trading in their broken iPhones for cash,” said Sarah Welch, Gazelle’s chief marketing officer. “Many people are not aware that there is significant value in their unwanted electronics, even broken smart phones. These savvy consumers know they can fetch over $100 for a broken iPhone to help pay for a replacement.”

Since keeping a phone intact is a universal problem, we’re also announcing our “Broken Phone Stories” contest. By uploading a photo or submitting a story about how they broke their phone, consumers will have a chance to win a brand new phone of their choosing.

The contest starts today, February 27, 2013, and runs until April 10, 2013. Each week of the contest, one new winner will be chosen and receive a brand new phone from Gazelle. Winners will be announced on April 15, 2013. For more details on Gazelle’s “Broken Phone Stories” contest, please visit: Gazelle’s Facebook Page. You can also view the complete list of rules and eligibility requirement here, in order to qualify.

About Gazelle

Gazelle (www.gazelle.com) is the nation's leading high-end consumer electronics trade-in site, providing an easy, fast and safe way for consumers to get cash for their unwanted devices. Gazelle takes the risk and effort out of selling electronic gadgets online with benefits such as free shipping and packaging and comprehensive identity and data removal. To date, Gazelle has accepted more than one million trade-ins, helping consumers upgrade to the latest technology and earn quick cash. Based in Boston, Gazelle is privately owned and is backed by premier venture capital firms Venrock Associates, RockPort Capital Partners, Physic Ventures and Craton Equity Partners.

Gazelle is a trademark of Gazelle, Inc., registered in the U.S. iPhone and Apple are trademarks of Apple Inc., registered in the U.S. and other countries. Gazelle is not affiliated with Apple.

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