Evernote Secures $2 Million in Additional Funding from DOCOMO Capital As Part of Its Troika Dialog-Led Financing Round
Latest Financing from DOCOMO Capital, Together With Recent Troika Dialog Investment, Will Be Used Towards Worldwide Growth and Expansion Into New Geographies, Platforms and Devices
Mountain View, Calif. – September 9, 2009 – Evernote, a Web service designed to allow users to easily capture and store information, memories, and content in any environment, today announced that it has secured $2 million in additional funding from DOCOMO Capital. Together with the recent investment from Troika Dialog, this brings the investment round total to $6.5 million. The funding will be used towards expanding Evernote's global footprint into new geographies with broader language support and more local versions. In addition, Evernote will continue its aggressive product development, including new applications for the Evernote Service on a greater range of platforms and mobile handsets.
The completion of this second funding round caps a momentous year for Evernote, during which the company launched a new web service; developed versions of its software for Windows, Mac, iPhone, BlackBerry and Windows Mobile; unveiled Evernote Premium with universal file synchronization; and surpassed 1,000,000 users. In recognition of its achievements, the company was awarded the TechCrunch Crunchie for Best Mobile Startup, as well as the Mashable Open Web Awards as People's Choice and Blogger's Choice for Best Mobile Application.
"We have made huge strides over the past year towards achieving our goal of creating a cross-platform service that functions as an external brain," said Phil Libin, CEO of Evernote. "In the coming year, we will continue to aggressively enhance our service with powerful features and exciting new versions that will make it possible for Evernote users across the globe to remember everything."
"Evernote is radically changing the way people conceive of and interact with their memories and the company's impressive growth and loyal customer base speaks to its value and unique approach to simplifying people's lives," said Tomoya Hemmi, President and CEO of DOCOMO Capital. "We have been impressed with its incredible momentum and have high hopes for its far reaching potential to dramatically change the way that people capture, interact with and remember information in a digital world."
"We were attracted to Evernote not only because of its amazing product, but also for it vision towards growth and expansion beyond its borders," said Artyom Yukhin, Head of Venture Capital at Troika Dialog. "Their keen understanding of the target market and an incredibly committed user base makes Evernote a perfect fit for our portfolio."