AAA Evernote takes $100m memo

Evernote takes $100m memo

NTT Docomo-backed online notes service Evernote has reportedly raised $100m at a $1bn valuation.

News provider Business Insider said venture capital firm Meritech Capital Partners led Evernote’s latest round.

While Business Insider said Evernote had previously raised $95.5m, the US-based company raised $20m in its series C round in October 2010 from a consortium including Japan-based phone group NTT Docomo’s corporate venturing unit.

Venture capital (VC) firm Sequoia Capital had led this C round as a new investor, with participation from existing shareholders, including peer Morgenthaler Ventures, Docomo Capital and Russia-based investment bank Troika Dialog, which reportedly sold its shares earlier this year potentially as part of the round.

In November 2009, Evernote raised $10m from Morgenthaler, Docomo Capital, which had invested $2m, and Troika Dialog. The $6m series A round closed in August 2006.

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