Software and services group Evernote has raised $50 million in venture capital funding. The investment round was led by Sequoia Capital, while Morgenthaler Ventures also participated in the transaction.
Roelof Botha of Sequoia Capital has become a member of Evernote’s board of directors. The company intends to use the funds to expand its operations and to acquire other companies.
Click here for the release from Evernote.