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Figma is a collaborative interface design platform founded by Dylan Field (CEO) and Evan Wallace, headquartered in San Francisco, California. Figma enables real-time multiplayer design, prototyping, and developer handoff in the browser using WebGL technology. Products include Figma Design, FigJam (collaborative whiteboard), and Dev Mode (developer handoff). Adobe announced a $20 billion acquisition in September, but regulators in the US and EU blocked the deal on antitrust grounds in December. Adobe paid a $1 billion breakup fee. Figma IPO'd on the New York Stock Exchange on July 31, at $33 per share, with stock tripling to $115.50 on its first trading day for a $56 billion market cap. Figma reported $749 million in revenue, growing 48% year-over-year. The company trades on NYSE under the ticker FIG.
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