Pinterest has raised $225 million in a new round of funding. Fidelity Investments led this round of funding. This round of funding values Pinterest at $3.8 billion. Other investors that participated in this round include Andreessen Horowitz, FirstMark Capital, Bessemer Venture Partners and Valiant Capital Management.
Bessemer Venture Partners Posts
NewVoiceMedia is a cloud contact center and call center solutions company that has raised $35 million in funding led by Bessemer Venture Partners. NewVoiceMedia is known for powering an online network that can deliver calls through existing telephone infrastructure. This is important because running call centers can be expensive and scaling is a challenge.
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Qwilt is a startup that has designed video infrastructure that helps service provider companies handle Internet video streaming. The company exited stealth mode in the fall of 2011. Qwilt has raised $16 million in Series C funding led by Bessemer Venture Partners. Previous investors Accel Partners, Redpoint Ventures, and Marker LLC also participated in this round. Qwilt has raised a total of $40 million so far.
Altair Semiconductor has raised $25 million in funding from existing investors Bessemer, Giza, BRM, and Pacific Technology. Altair is known for developing single-mode LTE chipsets. Altair plans on using the funding to strengthen their position in the single-mode LTE market and to build on their high volume product capabilities.
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Twilio is a company that has APIs enabling developers to add SMS, VoIP, and voice technology to applications. Twilio has raised $70 million in Series D funding led by Redpoint Ventures and existing investor Bessemer Venture Partners. Draper Fisher Jurvetson also participated in this round. Scott Raney (Redpoint) is joining Twilio’s board of directors.
Dynamic Yield is an audience personalization company that helps online publisher companies and e-commerce companies increase revenues. Dynamic Yield’s Audience, Structure, and Serve modules makes it possible for publishers, e-retailers, and web apps with flexibility in maximizing user value and overall site revenues.