The popular note-taking service Evernote raised $50 million in a round led by Sequoia Capital, with participation from Morgenthaler Ventures. The new money will be put towards an “aggressive growth and acquisition strategy” centered on expanding the company’s offerings. As part of the deal, Sequoia’s Roelof Botha will transition from an observer seat to becoming a full member of Evernote’s Board of Directors. Moreover, Ken Gullicksen from Morgenthaler Ventures will lead Evernote’s corporate development and acquisition strategy.
We’re not sure whether they talk about acquiring companies or new customers. However, I’m sure they’ll be working on deals with operators, similar to the one they already have with NTT DoCoMo. If you recall, the Japanese operator is offering free Evernote Premium subscription to its Android smartphone users.
As a reminder, Evernote has recently surpassed 10 million users. Last time they raised capital, it was in October 2010 when the company got $20 million in a round led by (again) Sequoia Capital.