Dwolla Receives $5,000,000 Series B Funding
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=96f5f824-00b4-4700-8a12-7c8d24ead074&Preview=1 -
Date
2/8/2012 -
Company Name
Dwolla -
Mailing Address
Undisclosed Des Moines, IA 50309 -
Company Description
New technologies are putting our lives, our communities, and our world at the tips of our fingers. At Dwolla, we’re using those same ideas to build a new payment experience that’s powered by you. -
Website
http://www.dwolla.com -
Transaction Type
Venture Equity -
Transaction Amount
$5,000,000 -
Transaction Round
Series B -
Proceeds Purposes
The company says that additional funding will be used to continue product development, expand its API and “maybe buy some Doritos.” -
M&A Terms
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Venture Investor
Union Square Ventures -
Venture Investor
Village Ventures -
Venture Investor
Thrive Capital -
Venture Investor
Undisclosed
