As part of PitchBook’s 2013 in Review series, we examined the largest venture capital financings of the year (through Dec. 17) and the companies that raised them.
4. (tie) Pinterest and Airbnb Even companies rounding out this list scored some serious VC cash, as both photo-sharing pinboard Pinterest and property rental marketplace Airbnb raised $200 million apiece.
Pinterest’s $200 million Series D round in February, led by Valiant Capital Partners, valued the company at an impressive $2.6 billion. The funding is reportedly being used for standard growth-oriented initiatives (hiring, product development, taking over the world, etc.), but what the $200 million arguably also fuels, from an external perspective, is the awareness that the company is rapidly expanding and truly becoming a household name. In fact, the social site has grown so fast in 2013, that you’ll see its name again in about one minute as you continue reading this list.
Click here to see the rest of the list and find out who came out on top for 2013’s largest VC deals.