Electronic memory firm gets cash backing
LONDON - Evernote, a service that aims to be your ubiquitous electronic memory has received $10 million backing.
Evernote claims to provide the ideal platform to save 'ideas, things you see and things you like' on computers and on any wired device.
Morgenthaler Investors is the lead venture capitalist backing the start-up with the cash injection, which will be invested in improving the product.
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The company already has around two million unique users and also charges for premium subscribers. As well as adding new features to Evernote, the investment will be used to translate the service into multiple languages.
Evernote has received venture backing
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