Pinterest Raises $367 Million

Mar 19, 2015

New regulatory filings indicate that Pinterest has raised $367 million. According to the Wall Street Journal, the company is now valued at $11 billion. This round of fundraising, which WSJ says includes old and new investors, has not even closed yet.

Pinterest is a social bookmarking site for images, and is now in the ranks of the most highly valued private tech companies-such as SnapChat.