Pinterest raises $150M at a $12.3B valuation
Pinterest has raised $150 million in fresh funding at a valuation of $12.3 billion. The new financing comes as the San Francisco-based company steps up its push into visual search.
Illumio raises $125M for cloud security
Illumio, a provider of cloud security products, announced that it has closed a $125 million Series D funding round led by J.P. Morgan Asset Management clients and joined by new and existing venture investors.
Behind the cryptocurrency explosion
For most of the history of blockchain-based currencies, the story has been all about Bitcoin. But with the rise of the Ethereum cryptocurrency and of new ways to fund emerging crypto-platforms, the narrative is shifting. Since the beginning of 2016, the number of cryptographic assets for sale grew from 551 to 857, an increase of about 56 percent in 18 months, Crunchbase News reports.
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