Evernote Raises $4.5 Million in New Funding

Authored by Mark Hefflinger on January 8, 2009 - 9:55am.

Sunnyvale, Calif. - Evernote, the developer of a multi-platform tool designed to let users capture information in nearly any environment, said on Thursday that it has raised $4.5 million in a new round of funding from Troika Capital Partners.

"That's enough runway to keep us going strong into 2010 and, with a little more hard work, indefinitely," CEO Phil Libin wrote in the company's blog.

"I'm officially taking a week off from worrying about money before going right back to securing some additional financing to fund our more ambitious plans."

Evernote employs recognition and synchronization technology that allows users to capture information in any environment (including Windows, Mac, Web and iPhone) as text, snapshots, digital ink or audio.

That information then becomes accessible and searchable.

The company released its service to the public last June with a new subscription model, and now counts more than 500,000 users.

 

Related Links:
http://blog.evernote.com/2009/01/08/evernote-gets-funding

http://www.evernote.com

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