Thursday, May 17, 2012

Pinterest Raises $100M

Online photo-pinning site Pinterest, which is based in Palo Alto, has raised $100M in a funding round, the firm announced today. The round was led by Japanese e-commerce giant Rakuten, and also included Andreessen Horowitz, FirstMark Capital and Bessemer Venture Partners. The round reportedly valued the company at $1.5 billion. More information »