Booting Up: Pinterest Raises $200 Million at a $2.5 Billion Valuation
Pinterest completed a $200 million funding round that values the company at $2.5 billion. Valiant Capital Management is said to have led the round, with previous investors Andreessen Horowitz, Bessemer Venture Partners and FirstMark Capital also participating. [AllThingsD]
IBM is making a push into mobile, and plans to provide customers with software, data and security services on mobile devices. [NYT]
Calling all youth correspondents: the social network Pheed is said to be gaining in popularity, especially with teens. [Forbes]
Facebook isn't the only tech company to catch heat for using
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