Pinterest Analytics Site PinReach Puts Itself Up For Sale As Co-Founder Joins Google


Well, it looks like the market for social media analytics has gotten a little less crowded, for now at least: the Pinterest analytics startup PinReach — which had originally been called PinClout until a cease & desist from Klout forced it to change its name — has just put itself up for sale on Flippa. You can buy it now for $10,000, or bid against others to see where you get.

Update: After we published this story, the site indeed got bought for $10,000 within two hours of this getting posted. That wasn’t the intention, co-founder Chris Fay and Flippa told me — rather, it was because of a glitch on the system. The site is back on Flippa, now without a “buy it now” option, and is currently at $12,100, with the auction closing in 5 days. [Original article continues below]

Fay says that the reason for the sale…

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Workplace Collaboration Tool Asana Raises $28M At A $280M Valuation


Enterprise workflow tool Asana has raised a $28 million Series B round, it announced earlier today, bringing its total funding to $38 million. The round was led by storied investor Peter Thiel and Founders Fund, who invested in the collaboration software alongside existing backers like Benchmark, Andreessen Horowitz, and Mitch Kapor.

We’re hearing that the valuation of the Series B was at a formidable $280 million post money ($252 million pre). We’re also hearing that the pretty solid B round was a substantial initial investment for leader Founders Fund.

While he would not confirm the valuation, Asana co-founder and former Facebooker Justin Rosenstein did tell me that the company would be using the financing to bulk up on staff. “We’ve known from the start that hiring the world’s best designers, engineers, and other contributors is critical to achieving the Asana vision,” Rosenstein said, “And this capital enables us…

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