Pinterest raised $200 million and the posterboard search engine is now valued at $5 billion, according to reports.
The San Francisco startup has raised money steadily, including $225 million raised last October and $200 million in February 2013, according to ReadWrite. In case anyone's wondering, Pinterest has raised $764 million since its inception in 2010.
Pinterest, with its users mostly searching and pinning objects of consumer lust such as dresses, jewelry or food, is perfect for online advertising. Pinterest chief executive Ben Silbermann also introduced a Guided Search tool for the service which will take in user preferences and predict what they may like.