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Troika To Make Over $50M, or 10 Times, From Investment In Evernote

Files under: News
Posted by: admin @ 10:35 [3. 02. 12]

Troika, which is now owned by Russia’s largest bank Sberbank, has returned ten times money it invested in Evernote three years ago. Troika Ventures sold its stake in Evernote to the expansion round backer Sequoia Capital, announced Troika

Evernote was named top web startup in Russia several times.

Troika invested $4.5 million in online and mobile note making service Evernote in late 2008. Troika was the first institutional investor in Evernote. Troika paricipated in the next Evernote‘s investment round in 2009. Launched in 2008, Evernote has 20 million registered users.

Sequoia leaded Evernote‘s $50 million growth round together with previous investor Morgenthaler Ventures in July 2011.

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