Software agency Canva valued at $15 billion after newest funding By Reuters

by akoloy

(Reuters) – Australian software program agency Canva on Tuesday stated the corporate’s valuation had greater than doubled to $15 billion following an funding of $71 million.

Sydney-based Canva, launched in 2013, provides an internet design and publishing software with templates for shows, social media graphics and posters, amongst others.

Canva, which has greater than 55 million month-to-month lively customers, stated it achieved a 130% year-over-year rise in annual income, whereas remaining worthwhile.

Canva, which in June final yr had stated it was valued at $6 billion, counts American Airlines (NASDAQ:), Intel (NASDAQ:) and PayPal amongst its prospects, in response to the corporate web site.

Disclaimer: Fusion Media wish to remind you that the info contained on this web site isn’t essentially real-time nor correct. All CFDs (shares, indexes, futures) and Forex costs aren’t offered by exchanges however relatively by market makers, and so costs might not be correct and should differ from the precise market value, that means costs are indicative and never applicable for buying and selling functions. Therefore Fusion Media doesn`t bear any accountability for any buying and selling losses you would possibly incur on account of utilizing this information.

Fusion Media or anybody concerned with Fusion Media won’t settle for any legal responsibility for loss or injury on account of reliance on the data together with information, quotes, charts and purchase/promote alerts contained inside this web site. Please be absolutely knowledgeable concerning the dangers and prices related to buying and selling the monetary markets, it is likely one of the riskiest funding kinds attainable.

Source link

You may also like

Leave a Reply

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

We are happy to introduce our Youtube Channel

Subscribe to get curated news from various unbias news channels
Copy link
Powered by Social Snap