Evernote Series D Confirmed

Financing

Evernote Series D Confirmed

May 9, 2012

Evernote: Confirmed $70 million in Series D round led by Meritech Capital and CBC Capital, which gives Evernote a $1 billion (count 'em!) valuation. TechCrunch learns this influx will go towards funding Evernote's international expansion into places like China, along with acquisitions and new hires. And yes, with that kind of funding, it had better prepare for an IPO "within a few years."

Learn more about EdSurge operations, ethics and policies here. Learn more about EdSurge supporters here.

More from EdSurge

Get our email newsletterSign me up
Keep up to date with our email newsletterSign me up