Flipboard Secures $50,000,000 New Financing Round

  • Feed Type
  • Date
    7/23/2015
  • Company Name
    Flipboard
  • Mailing Address
    214 Homer Ave. Palo Alto, CA 94301 USA
  • 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
    We’ll use the funds to expand our engineering and sales teams as well as increase investment in infrastructure to support the growing number of readers and curators on Flipboard.
  • M&A Terms
  • Venture Investor
    Undisclosed

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