{"id":431,"date":"2014-05-16T18:58:01","date_gmt":"2014-05-16T18:58:01","guid":{"rendered":"http:\/\/magazine3.com\/demo\/techsavvy\/?p=431"},"modified":"2014-05-16T18:58:01","modified_gmt":"2014-05-16T18:58:01","slug":"pinterest-wins-new-funding-raising-valuation-to-5-billion","status":"publish","type":"post","link":"https:\/\/ampforwp.com\/demo\/blog\/2014\/05\/16\/pinterest-wins-new-funding-raising-valuation-to-5-billion\/","title":{"rendered":"Pinterest wins new funding, raising valuation to $5 billion"},"content":{"rendered":"<p><span class=\"articleLocatio&lt;\/span&gt;n\">(Reuters) &#8211; Pinterest has raised a new $200 million round of funding that gives it a valuation of $5 billion, the photo pin-up site said on Thursday.<\/span><\/p>\n<p style=\"color: #000000;\">Pinterest, which allows users to create online bulletin boards based on various themes such as travel, decorating, or sports, said in a statement it would use the capital to invest in technology, develop its\u00a0<span class=\"mandelbrot_refrag\">advertising<\/span>\u00a0program further, and expand internationally.<\/p>\n<p style=\"color: #000000;\">Pinterest said it raised money from existing investors SV Angel, Bessemer Venture Partners, Fidelity, Andreessen Horowitz, FirstMark Capital, and Valiant Capital Partners.<\/p>\n<p style=\"color: #000000;\">The company last raised money in October 2013 at a $3.8 billion valuation in a round led by Fidelity Investments.<\/p>\n<p style=\"color: #000000;\">News of the funding round was first reported by ReadWrite.<\/p>\n<p style=\"color: #000000;\">Pinterest said it has raised a total of $764 million so far from the time of inception.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) &#8211; Pinterest has raised a new $200 million round of funding that gives it a valuation of $5 billion, the photo pin-up site said on Thursday. Pinterest, which allows users to create online bulletin boards based on various themes such as travel, decorating, or sports, said in a statement it would use the capital &hellip; <a href=\"https:\/\/ampforwp.com\/demo\/blog\/2014\/05\/16\/pinterest-wins-new-funding-raising-valuation-to-5-billion\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Pinterest wins new funding, raising valuation to $5 billion&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":433,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[21,29,50,52,126,144,157],"class_list":["post-431","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-andreessen-horowitz","tag-bessemer-venture-partners","tag-fidelity","tag-firstmark-capital","tag-pinterest","tag-sv-angel","tag-valiant-capital-partners"],"_links":{"self":[{"href":"https:\/\/ampforwp.com\/demo\/wp-json\/wp\/v2\/posts\/431","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ampforwp.com\/demo\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ampforwp.com\/demo\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ampforwp.com\/demo\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ampforwp.com\/demo\/wp-json\/wp\/v2\/comments?post=431"}],"version-history":[{"count":0,"href":"https:\/\/ampforwp.com\/demo\/wp-json\/wp\/v2\/posts\/431\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ampforwp.com\/demo\/wp-json\/wp\/v2\/media\/433"}],"wp:attachment":[{"href":"https:\/\/ampforwp.com\/demo\/wp-json\/wp\/v2\/media?parent=431"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ampforwp.com\/demo\/wp-json\/wp\/v2\/categories?post=431"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ampforwp.com\/demo\/wp-json\/wp\/v2\/tags?post=431"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}