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"21-Year-Old Thiel Fellow Raises Three-Point-Eight Million Dollars For Figma". "Figma introduces a whiteboard tool called FigJam". "Figma's new community profiles let users view and remix design files". "23-Year-Old's Design Collaboration Tool Figma Launches With $14M To Fight Adobe". "Why Teams at Uber and Slack Use This Powerful Design Tool".

^ a b "CS undergrad wins tech fellowship".

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"Figma gets $40 million Series C to put design tools in the cloud".

^ a b Crook, Jordan (February 15, 2019).

"Figma Wants Designers to Collaborate Google-Docs Style". įigma was valued at more than $2 billion by April 2020 and $10 billion by the end of May 2021. In April 2020, Figma raised $50 million in a Series D funding round. In February 2019, Figma raised $40 million in Series C funding. In February 2018, Figma raised $25 million in a Series B round. In December 2015, the company raised $14 million in Series A funding. In June 2013, Figma raised $3.8 million in seed funding. On April 21, 2021, Figma launched a digital whiteboarding capability called FigJam, allowing users to collaborate with sticky notes, emojis and drawing tools. On October 22, 2019, Figma launched Figma Community, allowing designers to publish their work for others to view and adapt. It saw its first public release on September 27, 2016. įigma started offering a free invite-only preview program on December 3, 2015.

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įield 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. 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.

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The original objective behind Figma was to enable "anyone 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.

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