Evernote Raises $50 Million to Grow – and Go Global

July 13, 2011

6:55 pm

Evernote announced today that they have raised $50 million led by Sequoia Capital with participation from Morgenthaler Ventures.  Their goal is to significantly expand operations and grow through acquisition.

We covered Evernote in June when they announced a developer competition, but if you’re not familiar with them yet, check them out.  Their service allows you to store notes, Web pages, photographs, voice memos and scraps of paper in the cloud.

Part of their growth includes going global, with the ultimate vision of becoming a permanent place to store your memories.  So, a giant online scrapbook.  I’m in!  You can read the full press release here.

Any thoughts as to whom they might acquire?

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Monika Jansen is a writer and editor who is happiest pounding out blog posts, newsletters, website content, and other materials. Follow her at: @monikacjansen

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