Pinterest is now valued at $11 billion after raising another $367 million

With $367 million in new funding and a valuation of around $11 billion, Pinterest is now one of the most valuable venture capital-backed startups in the world. The social discovery and visual bookmarking site confirmed the financing on Monday and even expressed its desire to raise an additional $211 million in funding despite having already more than doubled its $5 billion valuation from last May.