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SOCIAL MEDIA NEWS: Pinterest ‘to announce’ $120m funding round

Image pinning platform Pinterest is said to be about to announce a $120m funding round; its third in two years.

Various reports have cited Japanese commerce company Raukten as the major contributor to the deal.

This level of investment would enable the social network to kick on, and seek more widespread adoption.

It could also become more valuable to marketers, if extra functionality and integration is added.

Watch this space.