With this change, now anyone can sign up on Pinterest using their Facebook, Twitter or any email account. Helping people to organize the chaos on internet, Pinterest recently managed to raise $100 million from Tokyo-based e-commerce giant Rakuten. This funding seems to help the social network branch out in the global market successfully. With an increasing growth rate on the social network, it is going to be interesting to wait and watch as to what Pinterest would bring in next. This afternoon, Pinterest declared the closing of its beta phase to readers of its adorably named “Oh, How Pinteresting” blog. In February, the social network was reported to hit around 10 million visits in U.S. There are no signs of impeding and Pinterest is growing rapidly. By April, the network was noted to have 107 million visits per month that made it the third most visited site. Is Pinterest working on to be the next Facebook and Twitter? This change by the company has in a way led to its success as more and more users join it with a bang. In May, it was reported that Pinterest achieved 4377% year over year growth, which was commendable for this newcomer. Also noted is a fact that more than 97% of users on Pinterest are ladies, who are pinning their interests and sharing ideas. With millions of users and a new 60,000 square foot San Francisco office, Pinterest is surely pinning people to increase its traffic and popularity.
