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.

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