January 9, 2009
EverNote secures additional $2 million
Startup plans to expand internationally and make its platform available across more platforms
EverNote, has secured $2 million in additional funding from DoCoMo Capital. This brings the total round to $6.5 million. Earlier this year, EverNote raised $4 million from Russian investment firm Troika Dialog.What EverNote offers so far is a service that allows users to capture and store information online. It refers to this information as 'memories.' So for example, an EverNote use case would be, you would take a photo of a receipt with your cell phone using the EverNote application, sync it to your EverNote organizer on your computer, which then synchronizes to your online EverNote account online, and makes the text from the photo you took searchable.
These digital memories then live up on EverNote's servers in which users get the option of choosing a free subscription which allows for 40MB of upload allowance, or a $5/month version which allows 500MB of space along with being ad free and allowing any file type.
Currently, EverNote works across plenty of platforms including Windows, Mac, iPhone, BlackBerry, and Windows Mobile. It said its EverNote Premium application has surpassed 1,000,000 users.
The Sunnyvale, Ca.- based startup plans to use the funding towards expanding internationally by adding broader language support and more local versions of its application. It also plans to continue product development including new applications on a greater range of platforms and mobile handsets.