I think so, yes, though I do think it's nicely drawn and not unartistic (e.g. the kiss being implied). In my opinion it's offensive, for a few reasons.

First is that the woman's pose derives from images of 'feeble' femininity (e.g. old Marilyn Monroe films; sexy, innocent, willing). I don't think there's any need to hark back to such absurd stereotypes.

Second, it assumes my preferred aesthetic isn't, for example, big bearded men. They are equally capable of giving or blowing a kiss. The logo could have been more generic, if it was appealing to the intimate.

Third, I don't really like sexualised or intimate imagery mixed with productivity tools. It's jarring and distracting.

At the end of the day, it's just a logo, though it made me switch off.