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Canva, a software company, is now valued at $15 billion after receiving $71 million in funding

Tech Gist Africa by Tech Gist Africa
04/07/2021
in Apps, Internet of things, Investments, News, Social media, World News
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Canva, an Australian software firm, revealed that its value had more than doubled to $15 billion following a $71 million investment.

Canva is a Sydney-based web design and publishing platform that includes models for presentations, social media images, and posters, among other things.

Canva, which has more than 55 million monthly active users, announced that its annual sales increased by 130 percent year over year while remaining profitable.

According to the company website, Canva’s clients include American Airlines, Intel, and PayPal.

Canva reported a $6 billion valuation in June of last year.

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Tech Gist Africa

Tech Gist Africa

Tech Gist Africa is a new media and technology news platform that focuses on the untold stories of innovative ideas closely connected to technology news from Africa.

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