Palo Alto California based Flipboard is raising $25,009,040.00 in New Equity Investment.
Palo Alto, CA – According to filings with the U.S. Securities and Exchange Commission, Flipboard is raising $25,009,040.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Mike McCue played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Flipboard
Used by millions of people every day, Flipboards mission is be the worlds most valuable platform for the discovery and sharing of stories that help us understand and engage in our world. On Flipboard, quality articles, videos, podcasts and products are curated everyday for millions of people around the world. Its a platform that lets people spend time on their interests, develop deeper understandings, and share the best ideas with others through their own Flipboard Magazines.
To learn more about Flipboard, visit http://www.flipboard.com/
Contact:
Mike McCue, Chief Executive Officer
650-488-3547
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