The VaynerMedia-backed online design platform developer was valued at $6bn in a $60m round co-led by Blackbird Ventures and Sequoia China.

Canva, an Australia-based online graphic design platform backed by media company VaynerMedia, collected $60m in funding on Tuesday.

The round was co-led by venture capital fund Blackbird Ventures and VC firm Sequoia China, and included Bond and Felicis Ventures. It increased the company’s valuation from $3.2bn to $6bn.

Canva has built a cloud-based graphic design platform that provides access to free templates and hundreds of thousands of pictures and fonts to help users create images and videos for use on…

Thierry Heles

Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.