Take Note: Evernote Raises $10 Million

Evernote is the popular note-taking service that works across any platform: desktop, web, or mobile.

On Monday morning, the always evolving service is announcing that they’ve raised $10 million in Series B funding, which follows their Series A round of $6 million. This round included participation from prior investors, but was led by Morgenthaler Ventures.

This particular announcement is quite interesting for a number of reasons. Most notably is that Evernote already has a solid business model, with premium subscribers who pay to use the service. When you also consider the fact that Evernote has been out of closed beta for just 17 months, and now has nearly two million users (up from one million earlier in the year), then it appears as if the startup is in a healthy position to keep growing. Full story...