Pinterest's latest funding round values it at $11 billion: WSJ

Mon Mar 16, 2015 5:25pm EDT
 
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(Reuters) - Photo-sharing application company Pinterest has raised $367 million in its latest round of funding, according to a filing with the Securities and Exchange Commission on Monday.

The amount raised values the company at $11 billion, The Wall Street Journal reported.

The current round of funding is expected to close in a few weeks, the paper said, citing an unnamed person familiar with the matter.

(Reporting by Ann Saphir)

 
A portrait of the Pinterest logo in Ventura, California December 21, 2013. REUTERS/Eric Thayer