And still the monster funding rounds keep coming. Cloud service Evernote has raised $70m of funding that values the company at $1bn. The round was led by Meritech Capital and CBC Capital, who were chosen – according to TechCrunch – to prepare the company for an eventual IPO. Also startling: Evernote “still has much of the $96m that it’s raised to date in the bank”, so the new round is just building in more futureproofing. “This funding keeps is us in the sweet spot to take risks. This is the most creative stage for the company,” says CEO Phil Libin. He’s bullish, to say the least. “I agree with our very wise investors. I think that Evernote as a publicly traded company could be worth $10 billion, $100 billion or more.”

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