‘Pinterest Now Worth $3.8 Billion’ – ‘Mashable’

Todd Wasserman says, “Pinterest’s valuation is closing in on $4 billion after its latest funding round of $225 million, according to a report.AllThingsD cites “several sources” in a report on the funding, which is led by late-stage investor Fidelity Investments. Just eight months ago, Pinterest was valued at $2 billion to $2.5 billion.

The latest round is aimed at helping Pinterest expand internationally. The social network had 24.9 million monthly unique users in September, according to comScore“.