Flipboard has confirmed that it raised an additional $50 million, which will close out the Series C round of financing that it brought on in September. In addition to the new funding, Flipboard is also announcing that it has also surpassed the 100-million-user milestone. The additional funding, which was first reported by Fortune, will also be led… Read more »
Posts Categorized: Flipboard
Exclusive: Flipboard Raises $50 Million More on $800 Million Valuation
According to sources close to the situation, Flipboard has raised $50 million in new funding, in a round led by Rizvi Traverse Management and Goldman Sachs. The new funding puts the valuation of the Silicon Valley startup that makes the popular social reading service at $800 million, said sources. Flipboard declined to comment on any… Read more »