Social News Reading App Flipboard Is Reportedly Raising $50 Million
Nov 26, 2013, 03:15 IST
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This comes just two months after Flipboard raised $50 million at a reported $800 million valuation. Though, the round was reportedly always supposed to be $100 million led by Rizvi Traverse Management for that round.
If and when Flipboard closes this round, it will have raised $160 million in total.
Just last month, Flipboard announced that it had hit 90 million users.
Business Insider has reached out to Flipboard for comment and will update this story if we hear back.
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