Australian startup Canva picks up $3.6 mln

Canva has secured $3.6 million in funding. The investors were Shasta Ventures, Founders Fund, Matrix Partners, Blackbird Ventures and Square Peg Capital. Based in Sydney, Australia, Canva is an online graphic design platform.

PRESS RELEASE

Sydney, Australia — 07/22/14 —Australian company Canva has raised an additional $3.6 million in funding, grown to 600,000 users who have created more than 3.5 million designs, and enabled other websites to integrate Canva’s design capabilities.
Canva is an online graphic design platform which makes it simple to create social media graphics, presentations, posters, blog graphics, invitations and more. The company has today unveiled its ‘Canva Button’, a simple new plug-in for third party websites which allows their users to create their own graphics.

“Every site that allows users to upload content, whether it’s a Web app, e-commerce provider or ad network, wants their users to have beautiful graphics,” said Canva CEO Melanie Perkins. “However it’s almost impossible to create something that looks good without knowing how to use professional design tools.”

“Instead of just offering an ‘Upload’ button and expecting users to figure out the rest, the Canva Button enables a website’s users to easily create graphics without leaving their page. We want this to be accessible to everyone so the button is free and can be implemented with just a few lines of code.”

Canva has announced a series of partnerships with companies including GoDaddy, Tailwind, Agora Pulse, Post Planner, and TabSite. At each of these companies’ websites, users will be able to create Canva graphics without leaving their page. The Canva Button will be rolled out on partner websites over the coming weeks.

Shasta Ventures and Founders Fund have joined existing investors Matrix Partners, Blackbird Ventures and Square Peg Capital in this funding round.

“The team has made remarkable progress in delivering on that vision since Canva’s launch in 2013 and we are excited to have the opportunity to make a further investment in their current round,” commented Square Peg Capital Co-Founder Paul Bassat.

“Canva provides users with a unique combination of wonderful simplicity and powerful design capability and huge numbers of individuals and businesses have already had the opportunity to experience Canva’s unique offering.”

Leave a Reply

PEHUB Community

Join the 12506 members of peHUB to make connections, share your opinion, and follow your favorite authors.

Join the Community

Look Who’s Tweeting

PE HUB News Briefs

RSS Feed Widget

VCJ Headlines (subscribers only)

RSS Feed Widget

Buyouts Headlines (subscribers only)

RSS Feed Widget

Reuters VC and PE feed

RSS Feed Widget