About Corel
Corel is a Technology company based in Ottawa (Canada) founded in 1995, and was acquired by KKR in July 2019. Graphics, painting, photo, video, and office software is provided. It operates in the Technology and Media & Entertainment sectors. The company has 23 employees. Corel has completed 7 acquisitions, including Ad Remover, Awingu and ClearSlide. Its website corel.com draws about 1.5 million monthly visits. Its focus areas include Enterprise Applications, Video Creation Tools, Video Editors and Personal Video Editor.
Company details
Corel Corporation was established in 1995 in Ottawa, Canada, within the software industry. Tools for illustration, design, digital painting, graphics creation, photo editing, digital imaging, and video editing are developed and distributed. Operations focus on productivity applications for creative professionals, with services extending to office software solutions across global markets.
- Headquarters Ottawa, Canada
- Employees 23
- Stage Acquired
- SectorsTechnologyMedia & Entertainment
- Website category Computers Electronics and Technology · Programming and Developer Software
- Email••••••••
- Phone•••• ••••
- Website corel.com/en
- Social LinkedIn X Facebook
- Acquired by KKR (Jul 2019)
- Annual Revenue$2.51 M (USD)81as on Nov 30, 2022
- Net Profit$193.98 K (USD)207as on Nov 30, 2022
- InvestorsKKR
& 1 more
- Employee Count23
- Investments & AcquisitionsAd Remover
& 6 more
- Acquired by
Investors in Corel
Corel has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include KKR and Vector Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments in technology companies are facilitated through private equity. | 1997 | vectorcapital.com | San Francisco, United States | |
Multiple sectors are invested in by this private equity firm. | 1976 | kkr.com | New York, United States |
Investor details for Corel
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People of Corel
47 people are tracked at Corel (15 in leadership, 32 in team); the tracked headcount is 23.
| Name | Role | Group |
|---|---|---|
Connie Chen | Chief Legal Officer & Head of Partnerships | Leadership |
Beata E. Stach | Director - NA Channel - Distribution - ESD - Retail | Leadership |
Stela Kostova | Director Of Product Design & User Assistance (coreldraw Graphics Suite, Painter, Paintshop Pro) | Leadership |
Whitney Peterson | Senior Director, Legal | Leadership |
Scott Day | Chief People Officer | Leadership |
Jo Levens | Director Channel Marketing, Global | Leadership |
Juliet Kuo | Senior Director, Marketing | Leadership |
Suzanne Luzar | Director Product Delivery R&d | Leadership |
Prashant Ketkar | Chief Technology & Product Officer | Leadership |
Dana Dingman | Vice President Legal | Leadership |
Ing. Christian Aquilina | Director Of Product Management | Leadership |
Kerry M. | Senior Director Of Sales And Marketing | Leadership |
Iryna Wigley | Vice President Of Global HR | Leadership |
Maxim Kudrin | Director Of Engineering | Leadership |
Kevin Gambicourt | Director Of Software Development (platform) | Leadership |
Marcel Schwarz | Marketing Programs Manager | Team |
Jörg Rieger Espindola | Content Marketing Manager | Team |
Stanislav Zinukhov | Lead Software Engineer | Team |
Sarah McIntyre | Channel Marketing Manager | Team |
Mike Fokin | Global E-commerce And Online Marketing Manager | Team |
27 more people are available in the full profile.
Complete people profiles for Corel
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Investments & Acquisitions by Corel
Corel has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include Ad Remover, Awingu and ClearSlide.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Cloud-based file sharing and browser-based workspaces are provided. | awingu.com | Ghent, Belgium | 2011 | Jun 2022 | •••• | |
Online advertisements are blocked by a Chrome extension. | adremover.org | Austin, United States | 2015 | May 2021 | •••• | |
Online grahic designing solutions provider | designer.io | Ottawa, Canada | 2014 | Dec 2018 | •••• | |
Cloud based Daas platform | parallels.com | Seattle, United States | 1999 | Nov 2018 | •••• | |
Cloud-based platform for sales enablement and communication analytics. | clearslide.com | San Francisco, United States | 2009 | Dec 2017 | •••• | |
Software development services are provided by Jasc Software. | jascsoftware.com | Eden Prairie, United States | 1991 | Oct 2004 | •••• | |
Advertising services are provided by GraphicCorp to clients worldwide. | graphiccorp.com | 2020 | Apr 1999 | •••• |
Complete acquisition details for Corel
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Timeline of Corel
10 dated milestones of Corel across 27 years, from founding to its latest funding, stage changes and deals.
- Founded Corel is founded.
- Acquisition Acquires GraphicCorp.
- Exit Acquired by Vector Capital.
- Acquisition Acquires Jasc Software.
- Acquisition Acquires ClearSlide.
- Acquisition Acquires Parallels.
- Acquisition Acquires Gravit Designer.
- Exit Acquired by KKR.
- Acquisition Acquires Ad Remover.
- Acquisition Acquires Awingu.
Web traffic of Corel
The website of Corel (corel.com) receives about 1.5M visits a month and ranks #33,660 among all websites worldwide, #4,166 in Programming and Developer Software.
- Monthly visits1.5M
▼ 3.4% vs previous month
- Unique visitors784.7K
per month
- Global rank#33,660
among all websites
- Category rank#4,166
Computers Electronics and Technology · Programming and Developer Software
- Bounce rate38%
- Pages per visit3.5
- Average visit2 min 21 sec
- DevicesDesktop 73% · Mobile 27%
Websites whose visitors overlap most with Corel. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| coreldraw.com | 100% | #31,790 | View details | ||
| microsoft.com | 65% | 1.2B | #33 | View details | |
| acdsee.com | 50% | #109,693 | View details | ||
| adobe.com | 49% | 338.6M | #93 | View details | |
| extensis.com | 49% | 96.8K | #418,558 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
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Related news about Corel
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Frequently Asked Questions about Corel
Corel was founded in 1995.
Corel is headquartered in Ottawa, Canada. It is registered at Ottawa, Ontario, Canada.
Corel has 23 employees.
Annual revenue of Corel is $2.51M as on Nov 30, 2022.
Corel Corporation was established in 1995 in Ottawa, Canada, within the software industry. Tools for illustration, design, digital painting, graphics creation, photo editing, digital imaging, and video editing are developed and distributed. Operations focus on productivity applications for creative professionals, with services extending to office software solutions across global markets.
Corel has made 7 acquisitions, including Ad Remover, Awingu, and ClearSlide.
Corel has 2 investors. Key investors include KKR, and Vector Capital.
Yes. Corel was acquired by KKR in July 2019.
The website of Corel receives about 1.5 million visits a month and ranks #33,660 among all websites worldwide.