Tech Company Financing Transactions

Flipboard Funding Round

On 4/14/2011, Flipboard raised $50 million in Series B financing from Insight Venture Partners, A Grade Investments and Comcast Ventures.

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity
Series B

Insight Venture Partners (Lead Investor) (Jerry Murdoch)

A Grade Investments (Ashton Kutcher)

Comcast Ventures

Private Investors

Kleiner Perkins Caufield & Byers

Proceeds Purpose
The financing will be used to increase its staff, international expansion, small acquisitions and more product development on more platforms.

Company Information

Company Status
Private & Independent
Internet & IoT
Mailing Address
214 Homer Ave.
Palo Alto, CA 94301
Email Address
Flipboard is the world's most popular social magazine. It gives people a single place to keep up on the topics, news and events they care about.
Flipboard LinkedIn Company Profile
Social Media
Flipboard Company Twitter Account
Company News
Flipboard News
Flipboard on Facebook
Flipboard on YouTube

Management Team

Email & Social
Chief Executive Officer
Mike McCue
  Mike McCue LinkedIn Profile  Mike McCue Twitter Account  Mike McCue News  Mike McCue on Facebook
Chief Technical Officer
Eric Feng
  Eric Feng LinkedIn Profile  Eric Feng Twitter Account  Eric Feng News  Eric Feng on Facebook
VP - Human Resources
Chris Tobin
  Chris Tobin LinkedIn Profile  Chris Tobin Twitter Account  Chris Tobin News  Chris Tobin on Facebook



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Next: 4/14/2011: Calibra Medical venture capital transaction


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We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with, an affiliated venture.


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