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January 8, 2018 04:30 pm GMT

New Sequoia China investment values Australian design company Canva at $1 billion

Canva, the Australian provider of graphic design software as a service, has become the world’s latest unicorn with a new investment led by Sequoia China.A $40 million dollar round gives the company its eye-popping new valuation, following a year of tremendous growth in 2017 where Canva reached profitability and notched 294,000 paying customers for its design software-as-a-service… Read More

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/JsCuWN7mX5U/

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