Flipboard acquires Portland startup Graze in bid to ‘re-orient the attention economy’

Founded by Devin Gaffney , Peat Bakke and Andrew Lisowski — starting from a blog concept and officially forming 21 months ago — Graze has grown into an engine for the open social web. The Graze platform has delivered over 41 billion posts to 12 million users.

It enables creators, publishers and everyday users to build, tune, and monetize custom social algorithms, particularly across platforms like Bluesky, without writing a single line of code. Under the direction of Flipboard CEO Mike McCue, the Palo Alto, Calif.

-based company has heavily invested in open social protocols like AT Protocol, ActivityPub and RSS through initiatives like its Surf browser and “Social Websites” product. For Graze’s existing user base, the team confirmed that the core product and service will remain online.

The combined entities aim to offer a creator-first alternative to closed, legacy platforms like Facebook or Instagram, providing users with ownership over what they see and how they earn.

In April 2025, Graze raised $1 million in a pre-seed round led by Betaworks, Salesforce Ventures Factorial, Apertu Capital, Skyseed, and angel investors from Mozilla and Protocol Labs. Graze employed just two people — Gaffney and software engineer Nick Gerakines — and both will be transitioning to Flipboard.

Bakke and Lisowski left the company last year. In an email to GeekWire, Flipboard’s McCue said that the Graze team has built a special tool that has benefited many curators, community builders, creators and developers.

“I’m inspired by their vision and can’t wait to work closely with them to continue building out the open social web,” McCue said.

“Devin and Nick will continue to advance Graze as the ultimate feed building and hosting platform while Surf and Flipboard will enable millions of additional users to discover and experience feeds in new ways we’re going to design together.

” Financial terms of the transaction were not disclosed, though Gaffney tells GeekWire that they are “confident that this is a great outcome for the team, the company, and the investors. ”