According to a report at All Things Digital that quotes sources “close to the situation,” Flipboard is raising a new $50-million round of financing from both new and existing backers that will value the mobile-content publisher at $800 million. The round is reportedly being led by Rizvi Traverse Management and includes Goldman Sachs, Kleiner Perkins Caulfield & Byers and Index Ventures. The company last raised money in 2011 at a $200-million valuation.
Subscriber content
?
Subscriber content comes from Gigaom Research, bridging the gap between breaking news and long-tail research. Visit any of our reports to learn more and subscribe.
Advertisement
Advertisement
Advertisement
Comments have been disabled for this post