Canva, the high-flying Australian design and visual communication startup, announced today it was acquiring Affinity (formerly Serif), a creative tools company based in the U.K. Bloomberg reported that the deal was worth several hundred million pounds (approximately $380 million U.S.), and the company confirmed to TechCrunch that the number was accurate. Canva has typically targeted … Read more
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Official figures for the deal have not been revealed, but Bloomberg reports that it’s valued at “several hundred million [British] pounds.” Nevertheless, the acquisition makes sense as the Australian-based company tries to attract more creative professionals. As of January this year, Canva’s design platform attracted around 170 million monthly global users. That’s a lot of … Read more
Google has introduced a new top-level domain for the web to use. It’s .ing, and it seems it exists primarily to challenge the internet and its capacity for creativity. I must admit, I’m struggl.ing to figure out a domain name that isn’t a curse word. No Google AI Search, I Don’t Need to Learn About … Read more
Canva is releasing a new classroom-focused suite of AI tools, designed to assist time-strapped educators with lesson planning, content editing, document reformatting, image and text editing, multilingual lesson support, and accessibility checking. Available now to Canva’s more than 50 million education users, the graphic design platform’s Classroom Magic products were created with student use in … Read more
Graphic design platform Canva has announced Magic Studio, a suite of AI-powered tools aimed at making it even easier to create engaging and informative visuals. Though they officially launched today, not all of Canva’s offerings will be completely new to everyone. Canva has been gradually rolling out several of its new AI features for months … Read more
Canva has been round since 2013, and has been a tremendously profitable design platform, elevating over $570 million and garnering 135 million customers alongside the way in which. With that type of traction, it makes a ton of sense to let builders faucet into that person base and reap the benefits of the work that … Read more
Final summer time, Blackbird, one in all Australia’s largest enterprise operations, marked down the worth of one in all its most prized stakes, within the Sydney-based design platform Canva. Valued at $40 billion by traders in a $200 million spherical within the fall of 2021, Blackbird adjusted its personal valuation of the corporate 36% to … Read more