In 2010, Ben Milne made a journey across the Silicon Prairie for his first taste from the big tech trough. Then a twenty-something founder of a two-person startup in Iowa, Milne arrived in San Francisco with no business connections but a burning...
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Photograph by Steve Pope/Bloomberg
Dwolla plans to keep its headquarters in Iowa, a state known more for its pork than for tech startups.
Silicon Prairie’s Dwolla Strikes Out West to Find $16.5 Million
Cox Enterprises Invests $250 Million With Board Member Rackley
Cox Enterprises is investing a quarter of a billion dollars with board member Tripp Rackley, betting the serial entrepreneur will be able to profit from emerging trends in media and technology. Cox Enterprises, the closely held company that includes the...
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Photograph by Kevin Moloney/Fortune Brainstorm Tech
Ron Hirson at the Fortune Brainstorm TECH 2012
Boku Co-Founder Hirson Eyes Next Mobile Startup
Boku President Ron Hirson is leaving the mobile payments provider he co-founded about four years ago to start working on his next gig. Hirson has signed on with Khosla Ventures and Mayfield Fund as an entrepreneur in residence, where he’ll...
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Photography courtesy SpotOn
The latest venture by Matt Hyman, left, and Zach Hyman is SpotOn, a customer-loyalty service for restaurants and stores.
Twin Brothers Take on Two Companies at the Same Time
Matt Hyman says he has an edge over other technology entrepreneurs: There’s two of him. He and his identical-twin brother Zach have been in business together since they were kids. At the age of 12, they sold caramel-nut clusters and...
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Photograph: Jumio
One of Jumio's products, Netswipe, reads a credit card waved in front of a webcam.
Andreessen Horowitz Invests $25.5M in Jumio’s Online Payments
(This post was updated to show Jumio’s valuation based on the funding.) Andreessen Horowitz is betting $25.5 million that consumers will get behind yet another way to make payments online. The venture capital firm co-founded by Internet pioneer Marc Andreessen...
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