Saturday, October 8, 2011

Confirmed: Pinterest Raises $27 Million Round Led By Andreessen Horowitz

pinterestshot-1Hot online pinboard site Pinterest has closed a $27 million round of funding led by Andreessen Horowitz, we've confirmed. As part of the financing, general partner Jeff Jordan will be joining Pinterest's Board of Directors. AllThingsD first reported that Andreessen�Horowitz was leading a round of over $25 million that values the young startup at up to $200 million (the firm declined to confirm the valuation). This new funding round comes just a few months after a $10 million round the company closed this past spring, led by Bessemer.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/x9IOtyJqoGg/

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