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DealBook: Pinterest Raises $100 Million

Pinterest

Pinterest, which allows users to share photographs, recipes and other media on custom "pinboards," raised $100 million in a funding round led by the Japanese e-commerce company Rakuten.

 

Audiophilic startup SoundCloud raises a reported $50M

SoundCloud, a startup focusing on audio-sharing in social media, has announced a new (and reportedly sizable) round of funding. The round, which was led by Silicon Valley venture capital firm Kleiner Perkins Caufield & Byers, may have been as large as $50 million, TechCrunch’s Mike Butcher reports. A SoundCloud rep confirmed all the details except the amount in an email exchange with VentureBeat this afternoon.

 

Twitter Announces Funding

Twitter said it received a "significant" round of funding led by Russian venture firm Digital Sky Technologies.

 

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