Tuesday, February 19, 2008

Organic To Go Gets $10M In PIPE

Seattle-based Organic To Go, a company which operates a retail chain of organic cafés, said Tuesday that the firm has received $10M in a private placement from venture capital firm Inventages Venture Capital. The firm said the funding will help it focus on further expansion in California and Washington, along with other geographic regions. Dr. Gunnar Weikert of Inventages will join the firm's board as part of the investment. Organic To Go is publicly listed on the OTCBB. More information »