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"Canva review: Free tool brings much-needed simplicity to design process".
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In May 2019, the company announced the acquisitions of Pixabay and Pexels, two free stock photography sites based in Germany, which enabled Canva users to access their photos for designs. In 2018, the company acquired presentations startup Zeetings for an undisclosed amount, as part of its expansion into the presentations space.
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Canva responded by resetting the passwords of every user who had not changed their password since the initial breach. Later in January of 2020 approximately 4 million user passwords were decrypted and shared online. Canva faced criticism for an initial email to customers, which buried the details below self-congratulatory marketing content. The exposed data included real names of users, usernames, addresses and geographical information, and password hashes for some users. In May 2019, Canva experienced a data breach in which data of roughly 139 million users were hacked. This valuation grew to A$40 billion in September 2021, with co-founders Perkins and Obrecht announcing their plan to give away much of their fortune to numerous philanthropic causes. As of June 2020, Canva's valuation had risen to A$6 billion. In June 2020, Canva announced a partnership with FedEx Office and with Office Depot the following month. In December 2019, Canva announced Canva for Education, a free product for schools and other educational institutions intended to facilitate collaboration between students and teachers. In October that year, Canva announced that it had raised an additional A$85 million at a valuation of A$3.2 billion, and launched an enterprise product. ĭuring May 2019, the company raised another round of funding of A$70 million from General Catalyst and Bond and its existing investors Blackbird Ventures and Felicis Ventures, valuing Canva at A$2.5 billion. In January 2018, Perkins announced that the company had raised A$40 million from Sequoia Capital, Blackbird Ventures, and Felicis Ventures, and the company was valued at A$1 billion. In 2017, the company reached profitability and had 294,000 paying customers. ĭuring the 2016–17 financial year, Canva's revenue increased from A$6.8 million to A$23.5 million, with a loss of A$3.3 million. In 2015, Canva for Work was launched, focusing marketing materials. In April 2014, social-media and technology expert Guy Kawasaki joined the company as chief evangelist (brand promoter). In its first year, Canva had more than 750,000 users. Ĭanva was founded in Perth, Australia, by Melanie Perkins, Cliff Obrecht, and Cameron Adams on 1 January 2013. In September 2021, Canva raised US$200 million and announced a valuation of US$40 billion. In June 2020, Canva raised A$60 million at a valuation of A$6 billion almost doubling its 2019 valuation.
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Users can also pay for physical products to be printed and shipped. In 2021, Canva launched a video editing tool.
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The platform is free to use and offers paid subscriptions such as Canva Pro and Canva for Enterprise for additional functionality. The app includes templates for users to use. Afrikaans, Albanian, Arabic, Armenian, Assamese, Azerbaijani, Basque, Bengali, Bulgarian, Burmese, Catalan, Cebuano, Croatian, Czech, Danish, Dutch, English, Estonian, Finnish, French, Fulani, Galician, Georgian, German, Greek, Gujarati, Hausa, Hebrew, Hindi, Hungarian, Igbo, Indonesian, Italian, Japanese, Javanese, Kannada, Kazak, Khmer, Korean, Kurdish, Kyrgyz, Latvian, Lithuanian, Macedonian, Maithili, Malay, Malayalam, Marathi, Mongolian, Nepali, Norwegian, Oromo, Persian, Polish, Portuguese, Punjabi, Romanian, Russian, Serbian, Shona, Simplified Chinese, Sindhi, Sinhala, Slovak, Slovenian, Somali, Spanish, Strayan, Sundanese, Swahili, Swedish, Tagalog, Tamil, Telugu, Thai, Traditional Chinese, Turkish, Ukrainian, Urdu, Uzbek, Vietnamese, Welsh, Wolof, Xhosa, Yoruba and ZuluĬanva is an Australian graphic design platform, used to create social media graphics, presentations, posters, documents and other visual content.
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