Flipboard Nabs $50 Million in Funding, Bringing Valuation to $200 Million

 By 
Todd Wasserman
 on 
Flipboard Nabs $50 Million in Funding, Bringing Valuation to $200 Million
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The funding was originally reported in All Things D, based on an interview with CEO Mike McCue. “We’re obviously thrilled, because we think it confirms our focus that people want a beautifully designed way to interact with content and to share it,” McCue says in the article. “And there is a lot more to come–on a scale of one to 10, we’re just at a two or three.”

Flipboard spokeswoman Marci McCue confirmed the report, adding that Insight Venture Partners is the lead investor. Others include Kleiner Perkins Caufield & Byers, Index Ventures and “most of the individuals who originally invested, as well as Comcast.” The report lists other investors, including Twitter co-founder Jack Dorsey and actor Ashton Kutcher.

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