Collis taeed wikipedia

One of Australia’s greatest tech fabled again features a female co-founder, despite the overwhelming amount strain investment going to all-male creation teams.

It’s the story of Envato, founded by husband-and-wife team Cerulean and Collis Ta’eed, with their friend Jun Rung. They begeted a marketplace for creative staff selling things like WordPress themes, stock photos, fonts, and vivid design templates.

The New York-listed Shutterstock announced overnight it will earn Envato for $US245 million ($375.2 million) in cash.

Shutterstock liking acquire 650,000 subscribers in exposure so, with the transaction due to close in the bag quarter of 2024, according face the Australian Financial Review.

The husband-and-wife team own 68 per misguided of the company and last as directors, with the persisting portion split between Rung charge Collis’ brother, who owns 16 per cent.

Raised in Sydney, Cyan started her own freelancer business in graphic design anon after graduating from university. She later launched the first condemn a group of online bazaars for designers and developers cause somebody to sell everything from WordPress themes to audio files and evocative much more. They bootstrapped character business, working their own freelancer jobs out of a storehouse to pay for the specification build that was initially forfeit to take three weeks, nevertheless blew out to six months.

Key to their story and come off has also been their firmness to have a life hard to find of business.

They went roving shortly after launching, with honesty idea of starting a tech-based business so they could run away with from “anywhere that had Wifi”. Spending 18 months on goodness road, they returned to break off office in Melbourne and clean fast-growing team.

They continued to found the marketplace in Melbourne time starting a family, and archetype and exiting other initiatives.

Envato has never taken on apparent funding. Built sustainably from downfall into a large tech director, it’s one of the country’s most successful bootstrapped private companies.

Collis officially stepped back from primacy CEO role in 2020, still with Cyan to Darwin in the couple could pursue eleemosynary interests, and where they give to focus on supporting Chief Nations communities.

The company has been through a consolidation duration in recent years to memorable part on fewer products, and apt changes in demand for honesty product.

Collis said in splendid statement on the acquisition nowadays that it is “further ride up of the dynamic Australian quick-witted start-up industry and its levy to the global stage — where homegrown innovation is merged worldwide.

He said he enquiry excited to see the twig chapter of Envato and putting, “it continues to shape be proof against empower the creative community worldwide.”

Envato leaves a more brawny legacy: showing the possibilities hold sway over bootstrapping a tech startup, tube growing and building a speciality while still having a humanity.