CorelDraw (styled CorelDRAW) is a vector graphics editor developed and marketed by Corel Corporation of Ottawa, Canada. It is also the name of Corel's Graphics Suite, which bundles CorelDraw with bitmap-image editor Corel Photo-Paint as well as other graphics-related programs (see below). The latest version is designated X8 (equivalent to version 18), and was released in March 2016. Corel Draw is designed to edit two-dimensional images such as logos and posters.