Pinterest Raises $10 Million Series At A $40 Million Valuation

Pinterest is a social bookmarking service that has raised $10 million in Series A from Bessemer Venture Partners recently. Supposedly they raised the funding at a pre-money valuation of $40 million. It is rumored that Pinterest is now trying to raise around the same amount of money in the form of Series B. According to sources with TechCrunch, the company’s valued is pegged at $125 million. [TechCrunch]

This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at
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