Online pin-board Pinterest has raised $27 million in venture capital financing, All Things Digital reports. The funding was provided by Andreessen Horowitz, which was leading a round of more than $25 million that values the startup at $200 million. As part of the deal, general partner Jeff Jordan will be joining Pinterest’s board of directors. Previously, the website raised $10 million from Bessemer Venture Partners, valuing the new company at $40 million.
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All Things Digital Pinterest Jeff Jordan Bessemer Venture Partners Andreessen Horowitz