Canva has hiked the subscription price for its design software by up to 300 per cent for some customers as the Sydney-based firm shores up its revenues, woos United States investors and considers a Nasdaq listing.
The company notified some of its largest clients of the higher subscription prices late last week, attributing them to a need to invest more in the software, including introducing artificial intelligence-powered design tools.
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Paul Smith edits the technology coverage and has been a leading writer on the sector for 20 years. He covers big tech, business use of tech, the fast-growing Australian tech industry and start-ups, telecommunications and national innovation policy. Connect with Paul on Twitter. Email Paul at psmith@afr.com
