Monday, September 23, 2013
Flipboard raises $50M at $800M valuation
As CEO Mike McCue confirmed, mobile's first social magazine (which is a joy to use!) has raised $50 million and plans on using this to finalize a Windows 8 app, bring in more international versions of the app and hiring out more sales people. Flipboard is planning international expansion despite already having a huge user database, adding more than 200,000 new users every day. Personally, I liked the app on Android as the interface is pretty friendly, design is very attractive and the app works just great!
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