You’ve probably noticed: design has become central for many businesses that might have once considered it an afterthought. Indeed, with sales and marketing so thoroughly optimized at this point — and companies wondering how else to trounce the competition — there’s now a race afoot for numerous startups looking to become the Salesforce of design.
InVision is one of them. Just three months ago, the design collaboration startup raised $115 million in Series F funding at a $1.9 billion valuation. More recently, Figma, another design player, sealed up $40 million in Series C funding in a round that brings its total funding to $82.9 million and a valuation [...]
With more industries and organizations recognizing design as a pillar of business, a battle is brewing among makers of design tools. And with a fresh $40 million in Series C funding, Figma is ready to fight.
Cofounder and CEO Dylan Field explains that when he and cofounder Evan Wallace started the company, in 2012, IBM employed one designer for every 72 engineers. Today, IBM has eight engineers to every designer, and that ratio goes to 3:1 on mobile.
This shift, which is reflected more broadly across various industries, has led more people within their organizations to want to be involved in the design process. Which means that tools that once [...]
Figma, the design and prototyping tool that aims to offer a web-based alternative to similar tools from the likes of Adobe, is launching a few new features today that will make the service easier to use to collaborate across teams in large organizations. Figma Organization, as the company calls this new feature set, is the company’s first enterprise-grade service that features the kind of controls and security tools that large companies expect. To develop and test these tools, the company partnered with companies like Rakuten, Square, Volvo and Uber and introduced features like unified billing and audit reports for the admins and shared fonts, browsable teams [...]