Silicon Prairie News

Des Moines On Thursday, I offered three reasons why I believe Dwolla chose Fred Wilson’s Union Square Ventures to lead its Series B round, which was announced on Tuesday. In this post, I look at how the Des Moines startup community could be affected by Dwolla's milestone. 1. They'll continue to 'Dwolla in DSM' Dwolla co-founder Ben Milne has made being a Des Moines-based startup an integral part of his company's culture from the beginning. You see it … read more

Des Moines As you may be aware, the anticipated and recently rumored Series B funding news broke this week for the good folks at Dwolla in Des Moines. This round totalled $5 million and was not only raised out-of-Iowa but out-of-Silicon Prairie, with money coming in from both coasts. As rumored, the round was led by New York-based Union Square Ventures. Union Square, and its principal Fred Wilson (left) … read more