• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Wednesday, June 25, 2025
  • Login
  • Register
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home News

Pinterest Raises $150 Million Funding; Company Valued at $12.3 billion

by Chinmay Bidkar
June 7, 2017
in News
Reading Time: 2 mins read
0
pinterest raises funding
TwitterWhatsappLinkedin

pinterest raises funding

You might also like

Microsoft Plans Major Layoffs Across Xbox and Sales Teams as Part of Strategic Overhaul

Greek Court Hands Down Unprecedented Prison Sentence Over Defunct BitTorrent Site

Tesla’s Robotaxi Launch Marred by Traffic Violations, But Stock Surges Amid Influencer Praise

07 June 2017, India:

 

Photo-sharing application company Pinterest has raised $150 million in a fresh round of funding led by existing investors, which values the company at $12.3 billion.

This latest funding, which was raised from existing investors, brings the company’s total funding to over $1 billion. Previous investors in Pinterest include Andreessen Horowitz, Fidelity, and Bessemer Venture Partners, although it’s unclear which of them agreed to invest again.

Pinterest last raised $367 million in additional financing at an $11 billion valuation in 2015.

The company said it will use the funds to improve its computer vision and visual search technologies like its Lens camera search, which lets users take pictures on their phone and search for similar items or images on Pinterest. The company will also use the new capital to improve its offering for international users.

By raising money, Pinterest is choosing to delay a potential initial public offering as its business model matures. The company generates revenue by selling ads that look like posts on its site. Each month, 175 million people use Pinterest to collect and post images related to fashion, travel, cooking and other interests. The San Francisco-based company is targeting revenue of more than $500 million this year as per the report by Bloomberg. (Image- Pinterest)

Also read-  India Internet Trends – Internet Penetration In India Grows 40% In A Year.

Tags: Andreessen HorowitzBessemer Venture PartnersfidelityfundingInvestmentPhoto-sharing applicationPhoto-sharing application company PinterestPinterest
Tweet54SendShare15
Previous Post

Amazon’s Latest Technology For On Demand Apparel Manufacturing

Next Post

Chennai-based Freshdesk is now Freshworks

Chinmay Bidkar

Curious, Keen Observant & Dynamic! Chinmay finds peace in meeting people who work hard for humanity. He has new found interest in Gadgets and Techs and at Techstory he gets to write about it! Reach out at- [email protected]

Recommended For You

Microsoft Plans Major Layoffs Across Xbox and Sales Teams as Part of Strategic Overhaul

by Harikrishnan A
June 25, 2025
0
Microsoft’s Copilot+ Faces Scrutiny Over New Recall Feature

Microsoft is preparing to launch another wave of layoffs, with its Xbox gaming division expected to bear the brunt of the cuts. The move is part of a...

Read more

Greek Court Hands Down Unprecedented Prison Sentence Over Defunct BitTorrent Site

by Harikrishnan A
June 25, 2025
0
Decade-Old Torrent Site Lands Greek Man in Prison Amid Renewed Piracy Crackdown

In a ruling that has stunned both legal experts and digital rights advocates, a Greek court has sentenced a 59-year-old man from Piraeus to five years in prison...

Read more

Tesla’s Robotaxi Launch Marred by Traffic Violations, But Stock Surges Amid Influencer Praise

by Harikrishnan A
June 25, 2025
0
Tesla’s Robotaxi Launch Marred by Traffic Violations, But Stock Surges Amid Influencer Praise

Tesla's long-awaited Robotaxi rollout in Austin, Texas, turned heads this week—not just for its technical innovation but also for moments of troubling behavior on the road. Videos captured...

Read more
Next Post
freshdesk now freshworks

Chennai-based Freshdesk is now Freshworks

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at [email protected]

Advertise With Us

Reach out at - [email protected]

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook flipkart funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News NFT samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2024 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2024 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?