- Pinterest's most recent round of funding—$367 million—has set its valuation at $11 billion. Another $210 million could be raised in its current round of funding.
- According to the Wall Street Journal, marketers and advertisers are optimistic of Pinterest's growth potential in advertising.
- Ads are still young on the platform—it just launched Promoted Pins in January of this year.
Pinterest's continued growth is noteworthy considering the platform launched less than five years ago. If Pinterest can grow its advertising program, that valuation could increase. Recent improvements to ads, including multi-pin carousel ads, animation, and targeting, show that the platform is frantically working to make ads deliver.