Flipboard Raises $50M From Suhail Rizvi, Goldman, Kleiner, Others

Digital magazine Flipboard raised $50 million in new funding, according to several media reports. The deal values the company at $800 million and was led by Suhail Rizvi’s Rizvi Traverse Management and Goldman Sachs, said AllThingsD. Existing investor Kleiner Perkins Caufield & Byers also participated, according to TechCrunch. In the deal as well were Index Ventures and Insight Venture Partners, AllThingsD said.

Here is the link to the AllThingsD story. Here is the link the the TechCrunch piece.

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