Flipboard Lands $50,000,000 Series C Funding Round

  • Feed Type
  • Date
    12/9/2013
  • 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
    Series C
  • Proceeds Purposes
    The company will hire new sales and engineering employees.
  • M&A Terms
  • Venture Investor
    Rizvi Traverse Management
  • Venture Investor
    Goldman Sachs
  • Venture Investor
    Kleiner Perkins Caufield & Byers
  • Venture Investor
    Index Ventures
  • Venture Investor
    Insight Venture Partners