Lootsie snaps up $3.5 mln

By Iris Dorbian — 1 year ago

Culver City, California-based Lootsie, a loyalty and rewards platform for mobile apps, has raised $3.5 million in seed funding. The investors included Tim Kendall, head of product management at Pinterest; Michael Liou, founding partner at Anvil Capital; and Brad Schwartz, founding partner at SLP Ventures.

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VC-backed virtual scrapbook site Pinterest buys Icebergs

By Iris Dorbian — 2 years ago

Virtual scrapbook site Pinterest has acquired Icebergs, a visual organization startup, the latter announced on its site. No financial terms were disclosed. Icebergs, which is headquartered in Barcelona, will be joining the Pinterest team in San Francisco and discontinuing its service on September 1. Pinterest’s backers include SV Angel, Bessemer Venture Partners, Fidelity, Andreessen Horowitz, FirstMark Capital and Valiant Capital Partners. To read the post, visit here.

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Pinterest racks up $200 mln at $5 bln valuation

By Iris Dorbian — 2 years ago

Virtual scrapbook site Pinterest has raised $200 million in Series F financing at a valuation of $5 billion, a spokesperson from the company confirmed. Previous backers SV Angel, Bessemer Venture Partners, Fidelity, Andreessen Horowitz, FirstMark Capital and Valiant Capital Partners participated in the round.  Pinterest co-founder and CEO Ben Silbermann said in a statement: “Pinterest has a vision of solving discovery and helping everyone find things they’ll love. This new investment gives us additional resources to realize our vision.”

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