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Web based note taking and task management took second place to more comprehensive services geared around teamwork. Having hemorrhaged executives for several years, the company stabilized revenues at around $100 million a year by 2018, with over 250 million users. One report in late 2013 put the company on a $915 million valuation. It introduced additional features in Evernote 3.0 and at one point boasted around 11 million users worldwide.

The company raised hundreds of millions of dollars as it tried to parlay this success into a more long-term trajectory. At the time, pundits lauded its ease of use and flexibility in storing and retrieving information in a variety of ways. Evernote was launched in 2020, rapidly making a name for itself as a supplier of web clipping software. The deal is expected to close early in 2023, and marks the end of a long and changeable history.
