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Wait, Evernote raised $70M at a $1B valuation in 2012. This funding round seems low. Am I missing something?

It's not a funding round, it's a content partnership with a small investment thrown in.

Interesting, Nikkei did a similar thing with Monocle recently as well - http://www.mediaweek.co.uk/article/1310240/monocle-valued-11... (Monocle is probably not hugely known around here but are quite a well regarded media company in certain circles.)