Investment bank Troika Dialog has divested its stake in online note taking company Evernote, garnering an exit ten times the size of its investment.
Troika Ventures, the corporate venturing unit belonging to Russia-based investment bank Troika Dialog, has sold its stake in US-based online personal archiving company the Evernote Corporation to venture capital (VC) firm Sequoia Capital, it disclosed on Friday.
The exit was for a sum more than ten times what Troika has originally invested according to Artyom Yukhin, a partner at Troika Ventures, though the precise amount was not disclosed.
Yukhin said: "Evernote was one of the first companies that we…
