Evernote Lost Its CTO, CFO, CPO, and HR Head in the Last Month as It Eyes Another Fundraising Round

Ingrid Lunden, reporting for TechCrunch:

Evernote, the productivity app with 225 million users that lets people take notes and organise other files from their working and non-work life, has been on a mission to reset its image as the go-to service for those seeking tools to help themselves be more efficient, years after losing its place as one of the most popular apps in the app store. But those changes have not come without their own challenges.

TechCrunch has learned and confirmed that in the last month, Evernote lost several of its most senior executives, including its CTO Anirban Kundu, CFO Vincent Toolan, CPO Erik Wrobel and head of HR Michelle Wagner beyond the usual attrition of engineers and designers.

The departures are coming at a key time: we have also heard that Evernote is fundraising, potentially in a down-round from its most recent (but now several years-old) valuation of $1.2 billion.

I never took a liking to Evernote. Its origins as a Windows desktop app were always apparent. It had some interesting and powerful features (particularly OCR for signage in photographs — you can search for text in images) but a terrible interface. If you’re still using it, you should look into your export options.

★ Tuesday, 4 September 2018