Pinterest, an online social bookmarking service, has secured $200 million in a recent fundraising round, and is being valued at $5 billion The valuations of tech companies continue to soar. In its latest funding round, online scrapbooking website Pinterest has received $200 million, raising its valuation to $5 billion. In its last round of funding, conducted in October 2013, the company had received $225 million and been valued at $3.8 billion. Its major investors now include SV Angel, Bessemer Venture Partners, Fidelity Investments, Andreessen Horowitz, FirstMark Capital, and Valiant Capital Partners. Pinterest CEO Ben Silbermann said “Pinterest has a vision of solving discovery and helping everyone find things they’ll love. This new investment gives us additional resources to realize our vision.” Pinterest is essentially a social media network where people can create collections, or “boards,” of things they like, which take the form of “pins.” According to eMarketer, the Pinterest platform has 35 million monthly users in the US, a figure that is expected to increase by a further 10 million this year. Of that, some 85% are women. Over the last four years, more than 30 billion pins have been collectively accumulated by Pinterest users.