News & Analysis

Canva adds another $1.1 billion to its value after a $125 million raise

- October 17, 2019 2 MIN READ

Canva co-founders Cameron Adams, Cliff Obrecht and Melanie Perkins. Photo: supplied Privately-owned online design startup Canva says its market value is now US$3.2 billion (AU$4.7bn) after a US$85 million (AU$125m) raise revealed on Thursday. Those lining up to support Canva’s 7th raise – taking the total investment to AU$333 million in five years – with… Read more »

News & Analysis

5 things you should know about tech today

- October 17, 2019 2 MIN READ

Hello Thursday! Here’s the tech news.   1. UBS says sell Afterpay  Shares in buy now, pay later fintechs are copping a beating today. A research note by investment bank UBS placing a sell rating on Afterpay and rival Zip, appeared to spark an investor stampede for the exits. Two days after hitting a record high of… Read more »

News & Analysis

The FBI is investigating a hack on Canva’s user database

- May 27, 2019 2 MIN READ

Canva CEO and founder Mel Perkins Australian design platform Canva’s customer database was attacked on Friday, with hackers stealing usernames and email addresses, as well as encrypted passwords. Canva wrote to its customers on the weekend recommending they change their passwords as a precaution, while reassuring them that all user passwords were salted and hashed… Read more »

News & Analysis

Design ‘unicorn’ Canva’s value is reportedly set to double to $2.5 billion

- May 20, 2019 3 MIN READ

Canva has bought two of the world’s biggest free stock content sites Pexels and Pixabay. It’s also launched Photos Unlimited, a “Netflix-style” stock photography subscription service The Sydney startup is reportedly raising more cash that could more than double the company’s value to $2.5 billion   Graphic design and publishing startup Canva has spent some… Read more »