Flipboard Receives $50,000,000 Series B Funding Round

  • Feed Type
  • Date
    4/14/2011
  • Company Name
    Flipboard
  • Mailing Address
    818 Emerson St. Palo Alto, CA 94301
  • Company Description
    Flipboard is the world’s first social magazine. Inspired by the beauty and ease of print media, Flipboard’s mission is to fundamentally improve how people discover, view and share content across their social networks.
  • Website
    http://www.flipboard.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $50,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    The financing will be used to increase its staff, international expansion, small acquisitions and more product development on more platforms.
  • M&A Terms
  • Venture Investor
    Insight Venture Partners
  • Venture Investor
    Comcast Interactive Capital
  • Venture Investor
    A Grade Investments
  • Venture Investor
    Kleiner Perkins Caufield & Byers
  • Venture Investor
    Individual Investor