Pinterest Pins New Round of $200 Million of Funding
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San Francisco, California – Pinterest, a social networking site with a visually-pleasing “virtual pinboard” interface has raised a new round of funding amounting to $200 million led by Valiant Capital and backed by existing investors Andreessen Horowitz, Bessemer Venture Partners and FirstMark Capital.
Pinterest will use the new fund to develop new features and also for strategic acquisitions of new employees and technology.
Pinterest has a valuation worth of $2.5 billion now after the new funding.
Funding Total: $200,000,000
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|Investors: Andreessen Horowitz, Bessemer Venture Partners, Firstmark Capital|