Pinterest confirms it has raised $225 mln – AllThingsD

According to AllThingsD, Pinterest has confirmed the tech blog’s previously reported news that the virtual scrapbook site has raised $225 million in a financing round that ups the company’s valuation to $3.8 billion. New investor Fidelity led the round with participation from existing backers Andreessen Horowitz, Bessemer Venture Partners, FirstMark Capital and Valiant Capital Partners. 

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