Canva is now a Unicorn

Steven Millward, writing for Tech in Asia;

Nearly five years after Melanie Perkins, a former graphic design software tutor, first launched Canva as a Photoshop-for-people-terrified-of-Photoshop online tool, the startup is worth US$1 billion dollars following its latest round of funding.

She has just pocketed US$40 million from investors including Sequoia Capital to further grow Canva, which has users designing graphics with its intuitive tools in 190 countries and 100 languages. Its 10 million users make 1 million new designs each day.