Pinterest is said to be actively exploring a new funding round that would value the nearly 3-year-old service at between $2 billion and $2.5 billion.
The San Francisco-based startup is in ongoing talks to raise money at the steep valuation, according to a report from The Wall Street Journal. The Journal didn't the name the investors involved or the amount of the proposed deal. Pinterest declined to comment on its funding plans.
Launched in 2010, Pinterest offers people a digital and mobile way to collect items, called "pins," while browsing, and save them to boards. The … Read more