Figma (software)

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Figma
Figma-logo.svg
Developer(s)Figma, Inc.
Initial releaseSeptember 27, 2016; 5 years ago (2016-09-27)
Operating systemLinux, macOS, Windows, Chrome OS, Android, iOS
PlatformWeb application, Mobile application
Type
LicenseProprietary
Websitewww.figma.com

Figma is a vector graphics editor and prototyping tool which is primarily web-based, with additional offline features enabled by desktop applications for macOS and Windows. The Figma mobile app for Android and iOS allow viewing and interacting with Figma prototypes in real-time on mobile devices. The feature set of Figma focuses on use in user interface and user experience design, with an emphasis on real-time collaboration.[1]

History[]

Dylan Field and Evan Wallace began working on Figma in 2012 while computer science students at Brown University. Wallace's studied graphics and was a TA for the CS department while Field chaired the CS Departmental Undergraduate Group.[2][3]

The original objective behind Figma was to enable "anyone [to] be creative by creating free, simple, creative tools in a browser." Field and Wallace experimented with different ideas, including software for drones and a meme generator before settling on web-based graphics editor software. The company's early scope was described in a 2012 article by The Brown Daily Herald vaguely as "a technology startup that will allow users to creatively express themselves online." That article reported that the company's first ideas revolved around 3D content generation, and subsequent ideas focused on photo editing and object segmentation.[3]

Field was named a Thiel Fellow in 2012, earning him $100,000 in exchange for taking a leave of absence from college; Wallace, joined Field in California after completing his degree in computer science and the two began working on the company full time.[4]

Figma started offering a free invite-only preview program on December 3, 2015.[5] It saw its first public release on September 27, 2016.[6]

On October 22, 2019, Figma launched Figma Community,[7] allowing designers to publish their work for others to view and adapt.

On April 21, 2021, Figma launched a digital whiteboarding capability called FigJam, allowing users to collaborate with sticky notes, emojis and drawing tools.[8]

Funding[]

In June 2013, Figma raised $3.8 million in seed funding.[9] In December 2015, the company raised $14 million in Series A funding.[10] In February 2018, Figma raised $25 million in a Series B round.[11] In February 2019, Figma raised $40 million in Series C funding.[2] In April 2020, Figma raised $50 million in a Series D funding round.[12]

Figma was valued at more than $2 billion by April 2020 [13][14] and $10 billion by the end of May 2021.[15]

See also[]

References[]

  1. ^ Gonzalez, Robbie (July 25, 2017). "Figma Wants Designers to Collaborate Google-Docs Style". WIRED. WIRED. Archived from the original on October 20, 2020. Retrieved June 1, 2020.
  2. ^ a b Crook, Jordan (February 15, 2019). "Figma gets $40 million Series C to put design tools in the cloud". TechCrunch. Archived from the original on November 7, 2020. Retrieved November 15, 2020.
  3. ^ a b "CS undergrad wins tech fellowship". The Brown Daily Herald. Retrieved January 4, 2022.
  4. ^ Cheng, Michelle (April 18, 2019). "Why Teams at Uber and Slack Use This Powerful Design Tool". Inc.com. Retrieved November 15, 2020.
  5. ^ Constine, Josh. "23-Year-Old's Design Collaboration Tool Figma Launches With $14M To Fight Adobe". TechCrunch. TechCrunch. Retrieved June 1, 2020.
  6. ^ "Figma Releases: Figma 1.0.0". Figma. Retrieved June 1, 2020.
  7. ^ Lee, Dami. "Figma's new community profiles let users view and remix design files". The Verge. The Verge. Retrieved June 1, 2020.
  8. ^ Crook, Jordan. "Figma introduces a whiteboard tool called FigJam". TechCrunch. TechCrunch. Retrieved August 10, 2021.
  9. ^ Constine, Josh (June 27, 2013). "21-Year-Old Thiel Fellow Raises Three-Point-Eight Million Dollars For Figma". TechCrunch. Archived from the original on November 3, 2020. Retrieved November 15, 2020.
  10. ^ Constine, Josh (December 3, 2015). "23-Year-Old's Design Collaboration Tool Figma Launches With $14M To Fight Adobe". TechCrunch. Archived from the original on November 2, 2020. Retrieved November 15, 2020.
  11. ^ Sawers, Paul (February 2, 2018). "Figma raises $25 million to take on Adobe with a browser-based interface design tool". VentureBeat. Archived from the original on November 9, 2020. Retrieved November 15, 2020.
  12. ^ Konrad, Alex (April 30, 2020). "Figma Eyes Acquisitions, New Tools With $50 Million In Fresh Funding At $2 Billion Valuation". Forbes. Archived from the original on November 15, 2020. Retrieved November 15, 2020.
  13. ^ Konrad, Alex (April 30, 2020). "Figma Eyes Acquisitions, New Tools With $50 Million In Fresh Funding At $2 Billion Valuation". Forbes.
  14. ^ "Figma". Growjo. Retrieved November 19, 2020.
  15. ^ "Software Design Startup Figma Is Now Worth $10 Billion - Opera News". www.dailyadvent.com. Retrieved July 28, 2021.

External links[]

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