Evernote Logo

The Evernote Blog

The Evernote Blog

Evernote Raises $70 Million Financing

Our Notes | By Phil Libin
 

I’m happy to announce that Evernote has just raised another $70 Million in private financing led by Meritech Capital and CBC Capital. You can see the official details here.

This financing brings us another small step closer to our long-term goal of building a hundred year startup that can be everyone’s second brain. As was true when we raised our previous round last July, we took this financing not because we need the money to fund operations, but because we see building our financial infrastructure to be a crucial component of remaining an innovative and durable company. We’ll use the money to ramp the speed of product improvements, expand internationally, and make future strategic acquisitions. Most importantly, we wanted to have the resources on hand to ensure that we don’t get distracted by anything for the next several years; whatever happens in the economy or the market, we can stay 100% focused on building the best products and providing the best user experience.

I am both proud and humbled (if you don’t think this combination is possible, try raising $70 million) that some of the world’s best late-stage investors have decided to help Evernote in our quest. Together with the exceptional guidance we’ve been getting all along from our existing investors — Sequoia Capital, Morgenthaler Ventures, Docomo Capital, and others — this new expertise will help us achieve our next level of success.

Of course, none of this could have been possible without the passion and support of our users. The entire Evernote team thanks you from the bottom of our hearts for finding us, sticking with us, and telling us — repeatedly and loudly — how to make Evernote great. We’re listening.

  • http://www.robodance.com/ Robert Oschler

    Congratulations! No one deserves it more than you.

  • David

    I’ve been an off again and on again user for a few years (I even used Evernote when it was a local only desktop app) but was feeling the need for my own personal Wiki type of storage and recall a month ago, bought the Evernote For Dummies book and used it so much that I signed up for a premium account. Now, in less than a month, I’m addicted!

  • Will

    Congrats and thank you for your commitment to being a 100 year old company. I’m counting on my kids and grandchildren viewing my life and memories in evernote 76 years from now.

  • Adrian

    A linux version!

    Code syntax highlighting.

  • Jason

    Is there a To Do application coming soon? That would be an awesome mobile (iPhone) app to have

  • H H

    Yet you say you do not have enough resources to release an evernote client for linux.

  • H H

    Also your web-client for evernote has a horrible UI. Its 2012 not 1995. The client for windows has an outdated GUI as well. Its time to step up the game and innovate. I am writing this with best intentions. This is the flagship product of your company after all.

  • Hajime

    I hope this event accelerate the appearance of the next generation Cloud services!

  • http://Texaspoker dara

    Need chip

  • Rimbaud

    Well done guys. You should be able to develop a Linux version now…

Back to Top