Ed tech unicorn Canva for Education has raised US$60 million of new funding as its valuation reached $6 billion.

Since March, Canva said it has seen its number of active users increase tenfold, with users across 90,000 schools and universities worldwide using its platform.

Since launching in 2013, Canva, which enables users to design “anything and publish anywhere” using drag-and-drop tools, has amassed more than 30 million users across 190 countries.

Canva’s platform facilitates the design of education-specific content, such as worksheets, lesson plans, how-to videos, infographics and presentations.

It describes itself as a “one-stop shop for creating and collaborating in the classroom”.

Georgia Vidler, director of product at Canva, said: “The Canva platform is driven by one simple belief; technology should break down barriers, not build them, something that has been more essential than ever during lockdown. 

“The ability to interpret, communicate and present ideas visually is critical for students to thrive in today’s world and prepare themselves to be the leaders of tomorrow.

“We’re proud of the way we have been able to help classes work together, even when they’re apart.”

Date published: 16 July 2020

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