Pinterest Pins $2.5 Billion Valuation With $200 Million Funding Round

Stunning cash influx will go towards product development, international expansion, acquisitions

Pinterest isn’t going anywhere anytime soon. Last year the social scrapbooking platform rode its skyrocketing profile to a $100 million funding round, which gave it a $1.5 billion valuation. Now Pinterest has nabbed a $200 million funding round at a $2.5 billion valuation, as first reported by All Things D on Wednesday afternoon and confirmed by the company later that day. The new capital gives Pinterest a sizeable cushion to keep at bay any pressures to sell to a larger company, despite its lack of a formal revenue stream.

“Our focus is on helping millions of people discover things they love and get inspiration to go do those things in their life.

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