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With more and more people accessing the Internet from multiple devices, central storage services that tie those devices together are becoming more important. One such service, Evernote, is receiving $50 million in additional investment in order to continue expanding its Web-based note-taking service.
Over 11 million people are using Evernote’s service through either the Web or mobile devices, the company said in a press release announcing the new round of funding from Sequoia Capital. The idea is to let users save pictures, e-mails, text snippets from Web sites, or other things they come across on their daily trip across the Internet, and make them accessible from any device. The company’s logo is an elephant: as in, you’ll never forget.
Evernote said it’s trying “to build [a] global platform for human memory,” and hired Ken Gullicksen formerly of Morgenthaler Ventures (a partial participant in the funding round) to develop an acquisition strategy for the company as part of the new funding. It’s also trying to encourage software developers to build applications around its technology, and plans to hold a developer conference in August to try and drum up interest.