Canva, the Australian provider of graphic design software as a service, has become the world’s latest unicorn with a new investment led by Sequoia China.
A $40 million dollar round gives the company its eye-popping new valuation, following a year of tremendous growth in 2017 where Canva reached profitability and notched 294,000 paying customers for its design software-as-a-service… Read More
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				2018
			
		New Sequoia China investment values Australian design company Canva at $1 billion
 Canva, the Australian provider of graphic design software as a service, has become the world’s latest unicorn with a new investment led by Sequoia China.
A $40 million dollar round gives the company its eye-popping new valuation, following a year of tremendous growth in 2017 where Canva reached profitability and notched 294,000 paying customers for its design software-as-a-service… Read More
					
 Collibra, a company that wants to help firms understand data governance, announced a $58 million Series D funding round today led by Iconiq Capital and Battery Ventures.
All of the investors involved in this round were coming back for another dip in the well. In addition to Iconiq and Battery Ventures, early Collibra investors Dawn Capital, Index Ventures and Newion Investments also participated. 
 GoPro, already a beloved camera brand, just couldn’t take flight. The GoPro vision – a little box you can attach to the wing of a plane or your ski helmet and catch unparalleled views of the world – is cloudy now on news that trading halted this morning due to low performance attributed to price slashing, layoffs, and the closing of the company’s nascent drone… 
 Signing up for food stamps can be cumbersome, especially for those with limited access to transportation and internet. In San Francisco, about one in four people struggle with hunger, according to the SF-Marin Food Bank. Meanwhile, $13 billion in food stamps benefits are unclaimed every year, according to the U.S. Department of Agriculture. Through startup mRelief, people with low incomes… 
 GoPro today released preliminary fourth quarter 2017 results which paints the company in struggling situation. The company says it plans to reduce its headcount in 2018 from 1,254 employees to fewer than 1,000. It also plans to exit the drone market and reduce CEO 2018 compensation to $1. Pre-market trading of GoPro shares have halted on the news. The layoffs were expected. Last week… 
 Health data privacy advocacy group MedConfidential believes ministers are trying to sneak in a data protection law carveout, in order to hand politicians the power to judge the ethics of — for example — applying AI to taxpayer funded medical data-sets. 
 All-in-one drone management app Kittyhawk has added yet another feature: multi-waypoint automated flights. This is an essential feature for lots of commercial drone applications, and the fewer apps and platforms you need to accomplish a task, the better. 
 XYZprinting wants users to talk to its 3D printers. Say, print an apple and it will print an apple. Say, calibrate the printer and the printer will calibrate. This feature is available on its new $3800 Da Vinci Color AiO color 3D printer. The company says the technology was inspired by other voice services but was developed in-house over the last two years. The service is limited at launch… 
 After raising $28 million last November to add more firepower to its growth, Kano is unveiling the newest addition to its range of build-it-yourself gadgets that you use to learn to code: a camera. London-based Kano is using this week’s CES in Las Vegas to show off a full prototype of the new Camera Kit — designed to work with Kano’s existing suite of gadgets, which include… 
 A team of former Tinder employees, led by Tinder’s original CTO Ryan Ogle, are today launching a new app aimed at professional networking. The app, called Ripple, aims to be a sort of mobile-first alternative to LinkedIn that addresses some of the problems common to the aging, now Microsoft-owned business networking platform.
LinkedIn today has a heavy focus on job searching and head…