Is Evernote the next billion-dollar company?

Evernote, which makes a popular app for taking and keeping notes, has raised a $100 million round of funding led by Meritech, according to a Business Insider story.

The story reports that the funding round would value Evernote at $1 billion. TechCrunch counters that the round has not closed and that the numbers may end up being different. Everynote has raised $95.5 million to date in four venture rounds; the last was $50 million.

Evernote reports 20 million users of its product over several major computing platforms: Windows, OS X, iOS, Android, and others. The product is sold in the U.S. on the freemium model; it’s free to use, with some features and capacity limits raised for paying customers. In Japan, where Evernote is also popular, it is also sold in retail stores. Read More


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Posted on April 19, 2012, in #breaking news, #business news, #society, #targeting, #technology and tagged , , , , , . Bookmark the permalink. Leave a comment.


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