tech:

taffy

Dwolla Raises $16.5M

Dwolla

Online payment network Dwolla has raised$16.5 million round led by Andreessen Horowitz. Union Square Ventures, Village Ventures, and Thrive Capital also participated in the round. 

Ben Milne (Founder and CEO, Dwolla): Why Dwolla chose Andreessen Horowitz? They are a little crazy and aren’t afraid. These are the ‘foot slammed on the gas pedal driving a prototype flying tank’ kind of people we have been looking for.

Dwolla is going to double its workforce in Iowa and New York, says the company. Dwolla is also expanding to San Francisco. Dwolla is based and headquartered in Des Moines, Iowa.

[Image courtesy: Dwolla]

Just in

Broadcom, Google Cloud expand partnership

Broadcom and Google Cloud have announced an expanded partnership focusing on optimizing Broadcom's VMware workloads for Google Cloud, collaborating on go-to-market initiatives, adding more Broadcom products to Google Cloud Marketplace, and integrating Google Cloud's generative AI capabilities into Broadcom's offerings.

Apple stops warning of ‘state-sponsored’ attacks, now alerts about ‘mercenary spyware’ — The Register

Apple is referring to the infection of devices with NSO Group's Pegasus spyware and other similar software, writes Laura Dobberstein.

Tesla to cut 14,000 jobs as Elon Musk bids to make it ‘lean, innovative and hungry’ — The Guardian

Tesla is laying off more than 10% of its global workforce, equivalent to at least 14,000 roles, writes Dan Milmo.