Flipboard Gets $50M

Palo Alto-based Flipboard, the developer of apps for viewing content on the iPad, has raised $50M in a funding from Insight Venture Partners, Kleiner Perkins Caufield & Byers, Index Ventures, and Comcast. The new firm also announced a partnership with Oprah Winfrey's media empire to publish an iPad magazine app based on Oprah's web site and other properties. More information »