Flipboard Receives $50,000,000 Series B Funding Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=44f0a0cf-b965-48b8-b59c-da9c7697111b&Preview=1 -
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
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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
