Flipboard now available on iPhones (with Cover Stories!)

Flipboard, arguably the best news aggregation app for the iPad, is know available for iPhone owners with brand new features.

Version 1.7 of the app also includes new features like Cover Stories, which anticipates what news users want to read based on interactions with their friends.

“The iPad is an amazing device that challenged us to rethink how people discover and share social news,” said Mike McCue, CEO of Flipboard. “With the iPhone we redesigned Flipboard for a new use case, where people want to find the things they care about even faster and multiple times every day. Flipboard for iPhone puts all the power of Flipboard in your pocket.”

Flipboard, which publishes app news and reviews from Appolicious, also added a Tumblr feature to its application and earlier this week launched in China.

To date, the Palo Alto-based company has raised more than $60 million. Flipboard was last valued at more than $200 million.

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