Flipboard Raises $50M More

Palo Alto-based Flipboard, which develops tablet applications for reading content like magazines and newspapers, has raised another $50M in funding, the company disclosed today. The Series C funding was led by Rizvi Traverse Management, and also included Goldman Sachs, Kleiner Perkins Caulfield & Byers, Index Ventures, and Insight Venture Partners. THe firm has now raised over $160M in funding. More information »