Evernote Nabs $85M

Evernote, a maker of note-taking technology and products, announced Friday that it had sealed $85 million in new financing. London-based AGC Equity Partners/m8 Capital led the round, with participation from Valiant Capital Partners and existing investors including T.Rowe Price Associates Inc. Evernote said that 75% of the money comes in the form of a secondary investment, with existing shareholders selling stock. Evernote closed a $70 million round in May from investors including Meritech Capital, CBC Capital, T. Rowe Price Associates, Harbor Pacific Capital and Allen & Company.

3 December 2012•2 mins read
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