According to published reports, Flipboard has raised $50 million in a new funding round led by Rizvi Traverse Management and Goldman Sachs. Kleiner Perkins and Index Ventures, are also participating, while Insight Venture Partners is taking an even larger stake in Flipboard.

Flipboard's last round of funding was in mid-2011, when it raised $50 million at a $200 million valuation.

Flipboard is your personal magazine, filled with the things you care about. Millions of people use Flipboard to read and collect the news they care about, curating their favorite stories into their own magazines on any topic imaginable.