The latest post on ‘ReadWrite’ is titled “Pinterest Raises A $200 Million Warchest To Do Battle With Google”.

Lauren Orsini says, “Pinterest has raised $200 million from investors in a deal that values the company at $5 billion, a source close to the company told ReadWrite. (Update: The company is now confirming its financing.)

This is becoming a pattern for Pinterest, a visual search engine where people share and search for objects of interest: It raised a $225 million round last October with the same group of investors, after raising $200 million in February 2013, with the value of the company increasing in each deal. The company has raised a total of $764 million to date”.

Pinterest Raises A $200 Million Warchest To Do Battle With Google

ReadWrite

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