Image Bookmarking startup, Pinterest has completed a new Series G funding round of $186 million with new investors Goldman Sachs and Wellington Management Company contributing to the financing round that now totals more than a half a billion dollars, according to Re/code on Friday. The San Francisco-based company will also allow its employees to cash out some of their equity vested before April 30, by selling a certain portion of their stock to unnamed investors.
This week also saw the company announcing the beta version of its development platform that will allow developers to tap into data provided on Pinterest to enable users to connect to external applications. The platform with a suite of APIs will also allow developers to build new applications for Pinterest.