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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
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