‘Report: Flipboard Raises $50 Million, Now Worth $800 Million’ – ‘Mashable’
The latest post on ‘Mashable’ is titled “Report: Flipboard Raises $50 Million, Now Worth $800 Million”.
Todd Wasserman says, “Social reader Flipboard has raised $50 million in new funding, pegging its estimated valuation at $800 million — four times the amount two years ago — according to a report.
AllThingsD reports the funding round was led by Rizvi Traverse Management and Goldman Sachs. Rivzi, which is run by Suhail Rivzi, also has investments in Twitter, Facebook and Square“.
Report: Flipboard Raises $50 Million, Now Worth $800 Million
Mashable.com
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