Flipboard Secures $50,000,000 New Funding

  • Feed Type
  • Date
    9/23/2013
  • Company Name
    Flipboard
  • Mailing Address
    214 Homer Ave. 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
    Undisclosed
  • Proceeds Purposes
    Proceeds purposes were not disclosed.
  • M&A Terms
  • Venture Investor
    Rizvi Traverse Management
  • Venture Investor
    Goldman Sachs
  • Venture Investor
    Undisclosed