Pinterest Pins $100M, Set to Expand in Japan and Beyond
May 18, 2012
Japan's enormous e-commerce site Rakuten is leading the charge on a $100 million financing of beloved online pinboard Pinterest. Existing investors Andreessen Horowitz, Bessemer Venture Partners, FirstMark Capital and multiple angels are also pinning up funding. The investment also marks a new partnership between Rakuten and Pinterest to help the site expand in Japan and other global markets.