Former Disney CEO Bob Iger has got a stake in Australian design corporate Canva and agreed to be an marketing consultant to the intently held corporate.
“We are extremely excited to welcome Bob Iger as an investor and marketing consultant,” mentioned Canva spokesman Lachlan Andrews in a remark. “Bob brings a wealth of revel in after 15 years on the helm of probably the most beloved and maximum inventive manufacturers on the planet and we are having a look ahead to running with him.”
Iger and Canva declined to remark at the measurement of the funding. Canva raised cash in September, valuing the corporate at $40 billion. The graphic design tool corporate earned the No. 4 rating on CNBC’s annual Disruptor 50 checklist, launched previous this month.
Canva has greater than 75 million per 30 days customers and used to be on tempo to succeed in a $1 billion annualized earnings run price in overdue 2021, CNBC reported. The Sydney-based corporate is helping other folks create displays, movies and different designs, competing towards Adobe, Microsoft and different graphic-design tool corporations.
Since stepping down from Disney in December, Iger has been making an investment his personal cash in different corporations, together with supply startup GoPuff and toy maker Funko.
WATCH: Bob Chapek and Bob Iger’s strained dating
