Canva acquires startups working on animation and marketing

With the new acquisitions, the company wants to bolster its position as a marketing solution by potentially adding video creation and more granular measurement.

As Wall Street punishes software stocks over AI concerns, Canva gets more acquisitive

Cavalry offers motion graphics tools for designers, while MangoAI could help Canva provide tools for making new video ads.
Social Samosa

Canva acquires MangoAI and Cavalry to expand AI & creative tools

The acquisitions follow Canva’s recent purchases of Affinity, Leonardo and MagicBrief, and form part of the brand’s broader product development plans.
Forbes

Design Startup Canva, A Challenger No More With Revenue In Billions, Cozies Up To Corporations With New Tools

Canva founders Cliff Obrecht, CEO Melanie Perkins and Cameron Adams presented the company's corporate-friendly revamp in May 2024. Valued at $26 billion, Australia-founded Canva unveiled big ...