FLYBLADE completes Series A financing

FLYBLADE, INC. has completed its Series A financing with investments from Raine Ventures and Discovery Communications CEO David Zaslav, the company said.

The company has appointed Kenneth Lerer as chairman of its board of directors. He is a managing partner of Lerer, Hippeau Ventures as well as co-founder and former chairman of The Huffington Post.

FLYBLADE, INC. is a digitally powered short-distance aviation company.

Raine Ventures is a venture fund managed by the Raine Group. Other investments held by Raine Group include VICE Media, Margaritaville, Inc., and Brian Grazer and Ron Howard´s Imagine Entertainment.