Vectornator raises 20 million US dollars

The graphics app has only been around for five years, but today its customers include companies like Apple and Google. The Berlin-based company has now managed to convince investors once again.

Vectornator's founder and developer Vladimir Danila was ten years old when he had the idea for the graphics app, which belongs to the start-up Linearity. Now Vectornator has received 20 million US dollars. The main investors are Eqt Ventures and 468 Capital. Also participating are Silicon Valley business angels such as Bradley Horowitz, Jonathan Rochelle and Lutz Finger, all of whom work at Google, plus Charles Songhurst, who is employed by Microsoft and is a co-founder of a hedge fund.

"For me, there were two arguments for joining forces with the Linearity team. Vladimir is a very focused founder who has built a great product. And design tools are some of the most difficult tools to build, but Vladimir and his team have shown that anything is possible," says Eqt Ventures partner Ted Persson about the investment.

The money will be used to enable new features at Vectornator. The first version of the graphics app was ready five years ago, and since then there have been five million downloads worldwide, according to the company. Originally based in Danila's home town of Hilden near Düsseldorf, the start-up has since moved to Berlin and is looking for new employees to further develop Vectornator.