Your Web News in One Place

Help Webnuz

Referal links:

Sign up for GreenGeeks web hosting
February 6, 2013 02:28 am GMT

Report: Pinterest Raising Yet More Funding at $2 Billion+ Valuation


Pinterest, which raised $100 million from investors at a valuation of $1.5 billion just last May, is reportedly seeking yet another round of financing -- one that values the three-year-old visual bookmarking site in the range of $2 billion to $2.5 billion.

According to The Wall Street Journal, Pinterest is merely in talks and no deal has yet been finalized. The company did not respond immediately to a request for comment.

What has Pinterest done with its last $100 million? From a consumer angle, the changes have been steady if somewhat minor. The company has rolled out updates to its website and iPhone apps, including the introduction of "secret boards," and launched apps for Android a…
Continue reading...

More About: pinterest


Original Link: http://feeds.mashable.com/~r/Mashable/~3/fn3m5PoeK1k/

Share this article:    Share on Facebook
View Full Article

Mashable

Mashable is the top source for news in social and digital media, technology and web culture.

More About this Source Visit Mashable