Evernote has landed a $50 million deal in a new funding by Sequoia Capital. Evernote is aiming to grow the company into a hundred year company. According to the company’s statement, the growth speed is “crazy” and its business model is moderately profitable. (http://blog.evernote.com/2011/07/13/evernote-gets-50-million-in-funding-with-faq/)
Evernote topped 10 million users in June 6, and the number was increased by 67% from the data of January 1st, 2011. And as cloud computing continues to grow fast and multi-platform competition gets fiercer everyday, Evernote gains more interest from users.
Now, Evernote is one of life-log services. It gathers an average of 10 million users a month ago. There is still a long way to achieve to the goal that Phil Libin, CEO of Evernote, mentioned in several posts. But it has a lot of business opportunity.
If Evernote attachs more service features such as syncing contacts and e-mail back-ups, it can be evolved to a different type of SNS like Google which has utilizes its gmail for Google plus. It’s a virtual scenario and it needs time to get more users and activate users’ visits.
As an Evernote user, I am looking forward to seeing the evolution of Evernote after getting 100 million users.