East-West Digital News 23 April 2012
Evernote, a California-headquatered company founded by a Russian-American team in 2007, has completed a $100 million round at a $1 billion valuation, Business Insider reported last Thursday from “multiple sources.”
The round was led by Meritech Capital Partners.
Prior to this, Evernote had raised $95.5 million; including $50 million last summer in a round led by Sequoia Capital.
Earlier this year, Russian venture capital firm Troika Ventures, the first institutional investor in Evernote, decided to sell its stake in Evernote.