Pinterest raises $150 million at a $12.3 billion valuation
Image discovery tool Pinterest on Tuesday announced that it has raised $150 million at a valuation of $12.3 billion from a group of existing investors. According to a Bloomberg report, the funds were raised at the same share price as its previous funding round in 2015. Founded in 2009, Pinterest is backed by investors like Andreessen Horowitz and Goldman Sachs.