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Technology funds tanked and most other fund categories lost money in April.

Aussie design startup Canva’s valuation balloons to $15 billion Fortune 3 hrs ago © Courtesy of Canva Subscribe to Term Sheet, a daily brief on the biggest deals and dealmakers, delivered free to your inbox. Melanie Perkins has come a long way since founding a high school yearbook business in 2006. Out of bthe seed of that small venture she grew Canva, a white-hot graphic design startup based in Sydney, Australia, that she leads as chief executive. Now Canva is notching its latest milestone. On Tuesday, the nine-year-old company plans to announce that it has raised $71 million at a priv...

Visual Communications Platform Canva Announces USD 15 Billion Valuation; Launches Suite of Presentations Products for the Workplace on April 07 2021 5:02 AM More than 85% of the Fortune 500 Embrace Canva to Bolster Collaboration and Productivity, with over 250 million Presentations Created SYDNEY--(BUSINESS WIRE)--Canva, the global visual communications platform, today announced an updated valuation of USD 15 billion following a USD 71 million investment. This latest valuation affirms Canva as one of the fastest-growing software companies in history, surpassing $500 million annualized revenue...