You are here
Canva announces $15 billion valuation; announces presentation suite News 

Canva announces $15 billion valuation; announces presentation suite

Canva, the global visual communications platform, announced an updated valuation of US $15 billion following a US $71 million investment. This latest valuation affirms Canva as one of the fastest-growing software companies in history, surpassing $500 million annualized revenue this year, the company said. Canva formally announced a suite of new features for its flagship workplace product, Canva Presentations. “Now more... Read More
Herff Jones hires Ken Moore as Chief Technology Officer News 

Herff Jones hires Ken Moore as Chief Technology Officer

Herff Jones, the achievement division of Varsity Brands and the provider of graduation and educational products and services, appointed  Ken Moore as Chief Technology Officer. Moore reports to Herff Jones President Steve Down and Varsity Brands Executive Vice President and Chief Technology Officer Jaime Jaramillo. He will focus on creating and executing the roadmap to modernize and transform the company’s technology solutions... Read More
Canva inks deal with Herff Jones, buys Kaleido AI and Smartmockups News 

Canva inks deal with Herff Jones, buys Kaleido AI and Smartmockups

Fast-growing graphics startup Canva has announced new acquisitions and partnerships. Canva has made two acquisitions in Europe: Vienna-based Kaleido AI (best-known for its Remove.bg service) and  Czech Republic-based Smartmockups. The boot-strapped Kaleido, will enhance Canva’s platform with new integrations for advanced photo editing and AI-driven automation tools, to try and turn it into a ‘one-stop-shop for every design need’. The company said, in... Read More
Herff Jones judgment against Jostens upheld News 

Herff Jones judgment against Jostens upheld

Herff Jones, a division of Varsity Brands, announced the Alabama Supreme Court has upheld its unanimous verdict rendered a year ago in its favor in significant litigation against its biggest competitor, Jostens, Inc. The Alabama Supreme Court’s finding definitively resolves this matter and affirms the jury’s finding Jostens conspired and stole confidential and trade secret information, and interfered with Herff... Read More