Hedge fund Valiant Capital Management, which has also backed Dropbox and Evernote, led the latest round as a new investor and the consortium also included Rakuten.

Pinterest, a US-based online scrapbooking website backed by Japan-based electronic commerce company Rakuten, has raised $200m at a company valuation of $2.5bn.

Hedge fund Valiant Capital Management, which has also backed Dropbox and Evernote, led the latest round as a new investor. The consortium also included Rakuten and venture capital firms Andreessen Horowitz, Bessemer Venture Partners and FirstMark Capital as well as angel investors.

Pinterest, which was formerly known as Cold Brew Labs, lists its angel investors as Jack Abraham…