Evernote raises $20 million from Japanese media conglomerate Nikkei

 By 
Seth Fiegerman
 on 
Evernote raises $20 million from Japanese media conglomerate Nikkei
Phil Libin, CEO of Evernote Credit: Evernote

Evernote announced Monday that it has raised another $20 million in funding from Nikkei, a Japanese media conglomerate.

The funding news was revealed along with an statement that Evernote is partnering with Nikkei to highlight relevant articles from the business media outlet to the app's users in real time.

“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,” Phil Libin, CEO of Evernote, said.

In recent years, Evernote has worked to expand its basic note-taking service by offering physical products, offering workplace collaboration features and recently introducing a feature called Context that surfaces relevant information for what you're working on. Starting early next year, Context will include content from Nikkei.

Libin recently told The Wall Street Journal that he hopes to take the company public in "a few years." The additional capital should help buy Evernote more time before it feels a need to dive into the public markets.

The latest funding round bring Evernote's total funding to date to nearly $300 million.

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