Canva introduces design tools for enterprise users, targeting Adobe's customer base.

Canva, the popular design platform, has revealed a new suite of design tools for enterprise users, aiming to lure some of Adobe's biggest customers and increase revenue growth. The Australian company is launching features tailored for teams, including those in HR, sales, and design, with the goal of making it easier to modify graphics or large chunks of text to align with an organization's style. By expanding beyond the consumer market, Canva is encroaching on Adobe's turf, as it raises funds at a $26 billion valuation and tries to leverage generative AI to boost growth.

May 23, 2024
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