2010/07/22 00:49
Flipboard Revealed: Social Networking Updates Become a Magazine
In May, rumors of an under-the-radar startup called Flipboard surfaced,
when sources reported it had raised funding from the well-known firm, Kleiner Perkins Caufield
& Byers. Now the company is confirming these rumors, with news
of a $10.5 million Series A venture capital round. It also has other key
backers like Twitter's Jack Dorsey and Facebook's Dustin Moskovitz. Oh,
and Ashton Kutcher's interested, so there you go.
If the investors' confidence doesn't convince you of the app's potential, though, perhaps its back-end will. Although not available in this initial version, Flipboard will soon integrate the semantic data-analysis technology from the startup Ellerdale into its application in order to app better determine the relevance of the information and updates from your various social networking connections. Ellerdale is already an expert at this, after practicing the art of semantic analysis on Twitter's "firehose" of data.
You can download the Flipboard iPad app here from iTunes.
