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Figma Raises $25 Million in Series B Funding

Figma Raises $25 Million in Series B Funding
Credit: figma.com

Open design platform Figma today announced a $25 million Series B funding round led by Kleiner Perkins. Previous investors Greylock and Index also participated.

Figma, a cloud-based tool for design, prototyping and collaboration, helps teams better achieve shared understandings around design, resulting in better user experiences and happier teams. Since launching out of stealth in 2016, Figma has simplified collaboration across the design process for thousands of companies and millions of users, including designers, developers, product manager, marketers and others.  

“Figma makes the design process more open and collaborative, so teams can develop and bring new products to market faster,” said Mamoon Hamid, general partner and managing director at Kleiner Perkins. “In many respects, Figma’s traction and potential remind me of Slack at this stage. I’m thrilled to be joining Figma’s board to help the company navigate its exciting future.”