Tech

Pinterest valued at $11B after funding: Report

Pinterest now worth $11 billion
VIDEO0:2800:28
Pinterest now worth $11 billion

Social sharing site Pinterest has raised $367 million, according to a regulatory filing. That gives the company a valuation of about $11 billion, according to the Wall Street Journal, citing sources familiar with the matter.

In 2013, reports surfaced that the company was valued at about $3.8 billion.

Read More Pinterest's big plan to 'Pin' profits

The Journal reported that before the current round of new funding, Pinterest had raised $764 million from various investors.

For more on Pinterest's valuation, see the Wall Street Journal article.