Evernote is an app designed for note taking, organizing, task management, and archiving. It is developed by the Evernote Corporation, headquartered in Redwood City, California. The app allows users to create notes, which can be text, drawings, photographs, audio, or saved web content.
Evernote version 10 is a complete re-write of desktop clients. When released it removed almost all preferences and so possibility to adjust application to user needs.
The Evernote Web service launched into open beta on June 24, 2008 and reached 11 million users in July 2011. In October 2010, the company raised a US$20 million funding round led by DoCoMo Capital with participation from Morgenthaler Ventures and Sequoia Capital.
On November 30, 2012, Evernote raised another $85 million in funding led by AGC Equity Partners/m8 Capital and Valiant Capital Partners.
On May 7, 2013, TechCrunch reported that Evernote launched Yinxiang Biji Business into the Chinese market at the Global Mobile Internet Conference.
In October 2015, the Evernote Corp. announced that the company was laying off 18 percent of its workforce and would be closing three out of 10 global offices.
In February 2017, CEO O'Neill stated in a blog post that the business was now cash-flow positive. Sequoia Capital, one of Evernote's equity owners, said, "It's great when a company starts to raise non-dilutive capital every day, which is called revenue."
In August 2018, Chief Technical Officer Anirban Kundu, Chief Financial Officer Vincent Toolan, Chief Product Officer Erik Wrobel, and head of HR Michelle Wagner left the company. Wrobel and Wagner both joined in 2016.
In the Evernote discussion forum it was indicated in late 2020 that updates to v10 were forthcoming to resolve the issues—v10.5.7 had addressed some, but not all, of the problems—with suggestions that users revert to an earlier version.
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