Nasdaq-listed vending group Coinstar is joined backing the electronics recycling company by Singapore billionaire Koh Boon Hwee, advisory firm AKS Capital and venture firms including Claremont Creek Ventures.

Nasdaq-listed vending group Coinstar has helped EcoATM, a US-based mobile phone and electronics recycling company, raise $17m.

Coinstar was joined in the round by Singapore billionaire Koh Boon Hwee, advisory firm AKS Capital and venture firms Claremont Creek Ventures, TAO Ventures, PI Holdings, Moore Venture Partners.

EcoATM raised $14.4m in its series A equity and debt round last year with backing from Coinstar and Claremont Creek Ventures. Silicon Valley Bank provided venture debt.

In August 2010, EcoATM raised an undisclosed…