Foundry Group invests $5M in Twin Cities tech startup

Minneapolis – St.Paul Business Journal Sept 26 Tech startup LeadBrite has closed on a $5 million round of financing led by prominent venture firm Foundry Group. LeadBrite will use the Series A round to boost its staff and invest in product development, CEO Clay...
EBay’s PayPal Acquires Payments Gateway Braintree

EBay’s PayPal Acquires Payments Gateway Braintree

TechCrunch 26 Sept Ebay’s PayPal has acquired Chicago-based payments gateway Braintree, in an all-cash deal worth $800 million. We had originally reported that Braintree was on the block, with Square and PayPal both in acquisition talks for the company. Although owner...
Zoe’s Kitchen in talks with banks about IPO

Zoe’s Kitchen in talks with banks about IPO

Sept 25 (Reuters) – Mediterranean style restaurant chain Zoe’s Kitchen is beginning to speak with banks about an initial public offering that could come next year, according to two sources familiar with the matter. The Birmingham, Alabama-based company is...