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Evernote Secures $20 Million From Japanese Media Company

Phil_Libin_Evernote

 

Phil Libin, CEO of Evernote, announced his company received $20 million in funding from Nikkei, a Japanese media conglomerate as well as entering in a special deal with the company, as reported by Mashable.

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Recently, Evernote has expanded its note taking capabilities into physical objects like Context, which brings up relevant information on the spot. As part of the deal, Context will contain content from Nikkei.

Phil Libin said, “This multifaceted partnership gives us an opportunity to pair that important and timely content with Evernote’s workspace-enhanced features for a direct and positive impact on the way people work and share knowledge every day.”

Libin told the Wall Street Journal that he might consider taking the company public in a few years. In the meantime, Evernote has already raised $300 million.

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