Portland startup VendScreen’s founder left after a dispute with the company’s investors.
Portland startup VendScreen’s founder left after a dispute with the company’s investors.
“Generally speaking, we had a new group of investors that just came on recently and they had a little bit of a different vision for the company than what I had in mind,” said Paresh Patel, who had been VendScreen’s chief executive.
VendScreen, which sells digital devices for vending machines, announced a $8.4 million funding round in December following a prior, $6.3 million investment. The latest money came from two Portland investors — Nitin Khanna and Merrick (Merrick goes by one name) — and a backer called 3×5 Special Opportunity Fund.
Read more at OregonLive.com.
{biztweet}vendscreen{/biztweet}
