Dwolla Receives $5,000,000 Series B Funding

  • Feed Type
  • 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
  • Venture Investor
    Union Square Ventures
  • Venture Investor
    Village Ventures
  • Venture Investor
    Thrive Capital
  • Venture Investor
    Undisclosed