May 24, 2013 5:47 AM ET

Internet Software and Services

Company Overview of Pinterest

Company Overview

Pinterest provides an online service that enables users to organize and share various things on the Web. It offers Virtual Pinboard, which connects people based on shared tastes and interests. Pinterest was founded in 2010 and is based in Palo Alto, California.

2458 Ash Street

Palo Alto, CA 94306

United States

Founded in 2010

Phone:

650-862-1627

www.pinterest.com

Key Executives for Pinterest

Pinterest does not have any Key Executives recorded.

Pinterest Key Developments

Pinterest Launches Pins with More Info

Pinterest announced two new features that will help make the site more attractive to potential advertisers. The first is pins embedded with additional information about products, recipes and movies. The second is a Pin It button that is now available on nine mobile apps. The new pins are only available in Pinterest’s new look, which began rolling out in the middle of March. The new version of Pinterest was designed to increase user engagement, which in turn will help the company decide how much to charge for services like analytics and marketing opportunities.

Pinterest Launches New Data Analytic Tool for Businesses as it Prepares to Monetize

Pinterest started rolling out Pinterest Web Analytics, a tool that will allow businesses to see how many visitors the content-sharing service is referring to their sites. The first feature, which shows data on how many people have pinned from a site, the number of views each pin has, and how many users have visited a site from Pinterest, is available for free for companies with a verified Web site. These new features make good on Pinterest’s promise to businesses late last year that it will introduce data analytic tools for companies to track Pinterest traffic. Pinterest, which began offering official accounts for companies in November, is focusing this year on “building foundations to monetize,” founder Ben Silbermann told the Wall Street Journal last month. The Web site does not currently have paid ads, but it’s looking at a potential advertising system, as well as working with businesses to learn how Pinterest can result in sales of merchandise, a potential revenue source for the site. Pinterest recently updated its site for business owners, which includes case studies from companies including Etsy and Allrecipes. Other features Pinterest may unveil later this year include “suggestions” for users based on what they have already added to their boards. The company also plans to launch international sites this year.

Pinterest Reportedly Seeks Financing

Pinterest is in talks to raise a new round of funding at a $2 billion to $2.5 billion valuation, said people familiar with the matter. No funding transaction has closed, one of these people said. According to Reuters, Pinterest declined to comment on any fundraising efforts.

Similar Private Companies By Industry

Company Name Region
OakTree Software, Inc. United States
rigfinder.com United States
WeHostels Inc. United States
Sybase(R) Industry Warehouse Studio (TM) United States
eBD Software Inc. United States

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
March 20, 2013
Livestar
Private Placement
February 20, 2013
--
Merger/Acquisition
January 3, 2013
Punchfork, Inc.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
NYC2012, Inc. United States
Bertelsmann AG Europe
Lawyers Committee for Civil Rights Under Law United States
Rush University United States
Greater Houston Partnership United States

Post a JobJobs

View all jobs

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Pinterest, please visit www.pinterest.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.