Pinfluencer Garners $1,400,000 Seed Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=56eeabf3-fdf9-42c6-a99f-12c2f447ad15&Preview=1 -
Date
8/1/2012 -
Company Name
Pinfluencer -
Mailing Address
181 2nd Ave San Mateo, CA 94401 -
Company Description
Pinfluencer, as you may have guessed by its name, is a newly launched startup offering an analytics solution for the up-and-coming social network Pinterest. -
Website
http://www.pinfluencer.com -
Transaction Type
Venture Equity -
Transaction Amount
$1,400,000 -
Transaction Round
Seed -
Proceeds Purposes
Going forward, the team will use the new funding for product developments, which, in the near-term includes a self-serve platform for retailers to reward their most engaged pinners. Further down the road, they’ll develop “top on Pinterest” widgets to add Pinterest-infused social shopping to retailers’ own websites. The company is also using the infusion of capital to hire in sales, marketing, engineering and design. -
M&A Terms
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Venture Investor
Freestyle Capital -
Venture Investor
Baseline Ventures -
Venture Investor
Undisclosed
