Mike Isaac

Recent Posts by Mike Isaac

Evernote Closes $85 Million Round

Organizational productivity app Evernote closed its latest round of financing on Friday, raising another $85 million in funding. Seventy-five percent of those funds are in the form of a secondary investment, the company said. The round was led by AGC Equity Partners/m8 Capital, as well as participation from Valiant Capital Partners and existing investors. The company raised $70 million in its last round, nearly a year and a half ago, bringing the total amount of funds raised to about a quarter of a billion dollars.

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The problem with the Billionaire Savior phase of the newspaper collapse has always been that billionaires don’t tend to like the kind of authority-questioning journalism that upsets the status quo.

— Ryan Chittum, writing in the Columbia Journalism Review about the promise of Pierre Omidyar’s new media venture with Glenn Greenwald