Canva Goes After Adobe Users With Work Tools to Speed Up Growth
- Australian design software firm pushes beyond consumer market
- Valued at $26 billion, Canva says revenue now tops $2 billion
Cliff Obrecht, from left, Melanie Perkins, and Cameron Adams during the Canva Create event in Inglewood, California, on May 23.
Photographer: Alisha Jucevic/BloombergThis article is for subscribers only.
Canva Inc. unveiled a new suite of design tools for enterprise users, seeking to lure some of rival Adobe Inc.’s biggest customers and accelerate revenue growth.
The Australian creative software company is pushing out features made for teams including those in human resources, sales and design, executives said at a company event in Los Angeles on Thursday. The tools make it easier to modify graphics or large chunks of text to make them consistent with the organization’s style, and allow a template for an internal deck or newsletter to be pulled up with one click.