Pinterest Buys Icebergs, a Creative Collaboration Startup

Pinterest has made a fifth acquisition aimed at strengthening its team – the startup Iceberg, which “built technology to improve online visual curation and organisation of projects”. Size of the deal is undisclosed. Icebergs services will be soon stopped and the founders will join Pinterest. Pinterest had raised $200M in May and $764M in total as of now. LINK

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Funding & Acquisitions

Funding & Acquisitions

Talenthouse, a creative crowdsourcing platform has secured an undisclosed investment in a round led by Starwatch & ProSiebenSat.1. Artists Dave Stewart’s First Artist Bank, Gerard Butler and Jean Pigozzi also participated in the round. Funds will be used to improve tech and will for hiring engineering talent. Link

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Pinterest has raised $200M with participation from Andreessen as well as SV Angel, Bessemer Venture Partners, Fidelity, FirstMark Capital and Valiant Capital Partners. This Series F round values the company has $5B. Till date Pinterest has raised $764M. Recently it launched paid promoted pins. Link

 

Pinterest Hacked; Spammed with Weight Loss Pics

Techcrunch reports that Pinterest has been hacked and has been flooded with spam – which looks like weight loss before & after pics. I just checked my Pinterest account and it doesn’t seem to have affected. Although when I logged in it gave me a “Your account is in safe mode. To protect your pins from suspicious activity, please reset your password to secure your account.” warning. Link