Evernote Raises $4.5 Million From Troika Dialog

Posted Jan 8, 2009

Evernote is a web startup that enables users to take clippings of photos, text, and images and make them into notes.  So if you see something you like on the web, iPhone, or Windows Mobile device you can store it on Evernote.  The company closed $4.5 million in funding from Russian investment company Troika Dialog on December 31.

Phil Libin, CEO of Evernote stated that “The rumors that circulated in the beginning of December were very premature?we still had unresolved issues and the closing was far from guaranteed [TechCrunch].”  Evernote has had about 630,000 registrations since last year.  Evernote wants to close 2009 with 2 million users.

When storing notes on Evernote, they can be accessible anywhere despite the platform.  So if you own a Mac and a Windows Mobile phone, you can store the exact same files when you login.  Let’s say you edit a PowerPoint file on the Mac and click save, it gets synched back to Evernote and the updated document can be downloaded again from Windows Mobile.  The doc sync is what costs money, but everything else is free.  The doc sync feature costs $5/month.

[Source: TechCrunch]