Nota, a software spin-out of Kyoto University, has secured $2m in its series A funding round. Kyoto University’s investment fund Mizako Capital participated in the round which was led by Opt and also included Yahoo Japan’s subsidiary firm YJ Capital.
The company, launched in 2011, previously raised $500,000 in seed funding from a range of angel investors.
Nota is marketing a screenshot application, Gyazo, which lets users upload the screenshots to the cloud and share them via custom URLs. It is available for Mac, Windows and Linux as well as iOS.
It offers a freemium model, with the paid version costing $3 a month. It is currently working on a B2B service that will allow team collaboration. The company currently has eight and a half million active monthly users and four million registered users.
Isshu Rakusai, founder and chief executive at Nota, said: “The reason the number of registered users is lower than active users is because our web service can be used by non-registered guests. The market for cloud-based productivity services is changing very rapidly. We have many ideas to develop, and will consider opportunities to work with other cloud service providers.”
