Evernote raises $10 million investment

Posted by Phil Libin on 16 Nov 2009

Posted by Phil Libin on 16 Nov 2009

I’m very happy to report that Evernote just raised $10 million in our “B” round! The lead investor is Morgenthaler Ventures, one of the deans of Silicon Valley venture capital. Troika Dialog and DOCOMO Capital, our “A” round investors, participated as well.

What will we do with the money? We’re going to invest it into making our product better: more platforms, more features, and more polish (we’re working on Polish, too, along with Swedish, Japanese and a dozen other languages). We want Evernote to be your trusted, permanent and ubiquitous electronic memory. This investment gives us the runway to get there.

I’d like to thank our team, who’ve worked amazingly hard to build one of the brightest companies on the Internet today; our investors, for giving us their trust; and, most of all, our awesome community of users. Your voice has helped guide our product, and your enthusiasm for Evernote was a critical factor in our successful fundraising.

Thanks for finding us and thanks for sticking with us. We’re glad you’re along for the ride!


Evernote Premium

Upgrade for features to help you live and work smarter.

Go Premium
View more stories in 'News'

66 Comments RSS

  • Ron Harris

    Well done! Congratulations on the investment. It is great that the financial community appreciates Evernote as much as your subscribers do. Keep up the good work.

  • kindfox

    Congratulations! I’ll continue using Evernote and hope you can add more cool functions to this great tool

  • Justin Thorp

    Congrats guys!

  • Michael Chin

    Congrats on the fund raising. I really love your product. Keep up the good work.

  • Anonymous

    Read about this site through an RSS feed alert, sure lots of others are coming to it thinking great service however it is not simple to get the phone software downloaded!

    Might be worth investing the money into something to enable mobile web browsing so users don’t quit before they have started. (Was using windows mobile os 6)

  • mariano

    as a loyal user… congrats 🙂
    Using it on my mac and my BB is great 🙂

  • Steve Rubel

    Congratulations! I am a late convert and a huge fan. Can’t wait to see what you guys do next.

  • Gus iRonfle

    Congrats for this fund raising !

  • c0wb0yz

    Bravo from France !

  • Arty

    Great news! Good time to make Evernote for Symbian! 🙂

  • bruno

    Congrats from Brazil! ehehe

  • Thad Titze

    Congrats! I’m rooting for this homegrown company!

  • Clay Schossow

    Congrats, guys! I absolutely love Evernote and push it on everyone I can. Can’t wait to see what else you can come up with, using this new funding.

    Keep up the awesome work!


  • Ola Forsstrom-Olsson

    Congratulations! 🙂 And as you know: it’s when the ink has dried that the real work begins! 😉 Good luck going forward, you rock!

  • Chris

    Congrats! Looking forward to the enhancements this money helps move along!

  • HappyKreg

    That is fantastic! Soon I will be able to sync my LiveScribe with Evernote! Note heaven!

  • Paul

    Awesome news. Can’t live without my Evernote!

  • Wei-Yen

    Congrats. Now does that mean you are going to start work on that linux client? ;P

  • Peaboy

    Spend $1M on beer and then the rest on sharing folders with permissions. 😉

  • Paul Bradley

    Congratulations. As a writer and researcher I find Evernote invaluable for recording and tracking ideas. Keep up the good work.

  • Myke

    Congrats! And please…for the love of God…use that money to make a Linux version! Thanks.

  • Ryan

    Awesome! I hope you meant a native android app when you mentioned more platforms! Please!

  • Artem

    Hooray! I love your product, own premium from the second glance and use it every day. I’d love to see more progress in development.

  • SonofGroucho

    Well done, guys!

  • Guntis

    I still don’t get in what way Evernote is better than DEVONthink Office? That 40MB limit a month is also very small, and I don’t see why I should spend money for notes syncing. Maybe I still in the 20th century? :-/

  • Jonas

    I can’t wait for the Android client to get here so I’ve put in suggestions for every line of text in Pootle for my native language.

  • xbeta/善用佳软

    this post was translated into Chiense,

    in Chinese:
    祝贺. 本文已译为中文,链接见上。

  • Helene James

    I do like Evernote. I have used it for many years but even more now since I own premium. I still have to learn to be organized…..

  • Vista Cheng


    I like Evernote very much.

    from Taiwan

  • Takeshi

    Congrats, Phil and guys!!!
    Can’t wait to see the JP version in action!!!

  • James

    Nice job guys! I rely implicitly on evernote for my PhD research on a daily basis, and you have never let me down (and made me look awesome by letting me email people quotes in tutorials and access stuff on the fly). Here are my votes on how you should spend your money:

    -Sub-Folders within notebooks
    -Linux Client (seriously, if you played your cards right you could practically get it written for you!)

  • Kunal

    Congratulations folks! The product is very good, and deserves all the support it can get.

  • Vladimir Campos


    I love Evernote and would like to give you a suggestion. Please, please, please, integrate TextExpander touch to Evernote on the iPhone. Typing on the iPhone is not that cool and TextExpander touch can make things much, much easier!

  • Caleb

    Congratulations! I can’t wait to see where you guys can go with the help of this.

    My short list of wishes would be:

    1. Android client (please!)
    2. Sub-sections (tabs) in notebooks
    3. Ability to insert a link to another note
    4. Self-defined note sort option (drag and drop, when date, alphabetical, etc won’t cut it)

    Thank you, and keep up the good work!

  • alex

    Maybe you can use part of the money to develop a linux version.that will be nice

  • Rkortez

    Congratulations! Awesome app — exactly what i needed and very easy to use!!!

  • Steve

    Congrats! I use it on Windows and Mac but would like to see linux client as well.

  • Marc Thomas

    That is fantastic news on your investmen, hopefully this will help take Evernote to the next level in this competitive field.

  • Jimmy

    Congrats and as always…PLEASE work on that Linux client!

  • Andrew H

    Great, I could use a linux version.

  • limqingru

    congrats guys, awesome product there, glad you had more funds to scale.

  • Kyle

    Please spend some of this $ improving basic text editing. Your software is just barely useable, worse than tinymce even, but is prone to obvious catastrophic failure (and there is no way to directly edit the html). Examples, inability to unbold frequently, inability to unindent if pasting indented content etc etc etc.

  • Awesome-O

    Add another voice to the “Linux client please” choir. If you guys implemented a native Linux client, you’d outflank Microsoft’s OneNote by being the only true cross-platform note agent. After all, it’s not like Microsoft is ever going to write a native Linux client!

  • Phil

    A real Windows Mobile client that allows local storage of notes…

  • Chris

    Hi. Love the product. Your support link doesn’t work for me. How should I contact you with questions or suggestions?

  • Miguel

    Congrats from another astonished user (MAC and iPhone platforms).
    All the best, see you daily 😉

  • Tony Treacy

    Congrats guys – Can’t wait for the linux version.


  • ooi

    Excellent! Hmm… i’m waiting for symbian evernote for a long long time. hopefully, symbian client will launch soon.

  • notafish

    Congrats! I’ll add my voice to the “please think of us Linux users”. I’ve been waiting for ever to change to Evernote fore real!

  • Tay

    Kul .. n keep up the good wk !

  • shanesh

    Congrats Guyz!!

  • Sima Sahar Zerehi

    I wish that you were available in Farsi (Persian) – new media tools are one of the only ways that young people in Iran can keep connected and build a resistance movement against the regime. A tool like Evernote would help a great deal in storing files, links, blogs etc. Particularly since the current government makes a habit of shutting down progressive blogs and online newspapers.

  • Sima Sahar Zerehi

    I wish you were available in Farsi (Persian). New media tools are one of the only ways available for people in Iran, particularly young people, to get their voice out and build a movement for social change. The challenge is that government censors actively shut down progressive blogs and online publications, a tool like Evernote would go a long way to help keep information stored in order to re-start a new blog if you get shut-down.

  • kris

    I do like Evernote. I have used it for many years but even more now since I own premium. I still have to learn to be organized…..

  • Giorgio

    Congratulations, you earned it.
    Now give us the Linux version pretty please.

  • Miguel

    Congrats! I’m a relatively new user of Evernote and it has been growing on me since day 1. I dropped MS OneNote in favor of Evernote because it is a superior product and platform! 🙂

  • Mike

    I second the Linux version comment! I love evernote but not having a Linux client (Web just isn’t the same) is a drawback.

  • Joe Cassara

    Very exciting news. I hope some of that cash is budgeted toward the Blackberry app team. The app needs some TLC!

  • Junge Mode zu besten Preisen


    that makes it a bit easier to reach your goals.

    wish you the best luck

  • Nauka Jazdy

    Well done, guys! Congrats!

  • Rkortez

    Been using Evernote for about a month now…I wanna say it’s flipping sweeeeet! .. love this application

  • Moe777

    Thats awesome!!!

  • Sena

    Wow…thats awesome!!!
    maybe you can use it for donating … its just my advice
    i’m waiting for new great features

  • Mark Joyce

    I couldn’t agree more with all the previous comments and with the blogpost, of course.

    Evernote is a great application, so easy to use yet that powerful. But you know, you become the best improving yourself every single day… so I’ll be glad to see new cool features 😉

    Keep it Evernote!

  • Sascha

    So you raise 10 million and still ask your users to translate Evernote for you, free of charge, without even offering the translators something back? Like a free premium upgrade for those who translate for you…? Shame on you, Evernote.

  • football tips betting

    Really agree with what you are saying here. I am uncertain if I would do it though 🙂