Oregonlive.com: January 17, 2012
Portland Incubator Experiment graduates first class, including one that landed $12 million investmentIt wasn’t until the final presenter of the Portland Incubator Experiment’s Demo Day that the biggest cheers erupted. Up on the big screen flashed one big number: $12 million.
VendScreen had just landed the investment for its ability to attach mobile phones to vending machines, the startup’s co-founder and chief executive Paresh Patel told the crowd. The technology allows for cashless payments and can store data and provide nutrition information.
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