Tuesday, 21 September 2021 05:37 GMT

Tech firm Canva esteemed at USD40B after investment increase


(MENAFN) On Wednesday, Sep. 15 Australian virtual design platform Canva is currently esteemed at USD40 billion, after making a huge fresh package of investments, one of the firm’s creators stated.

The Sydney-located company established in 2013 and lets clients create and design everything from T-shirts to business cards.

It is progressively employed by big firms as a method to start joint design schemes. Melanie Perkins, co-founder said Wednesday the company had raised an additional USD200 million from institutional shareholders like T. Rowe Price and Franklin Templeton.

"We're excited to share Canva is now valued at $40 billion USD," she wrote in a blog post. "This milestone is a huge vote of confidence in what we're doing and where we're going."


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.