Figma | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights

Figma is a leading collaborative design tool based in San Francisco, California, that enables teams to design, prototype, and gather...


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Figma is a leading collaborative design tool based in San Francisco, California, that enables teams to design, prototype, and gather feedback on products in a single platform. It aims to make design accessible to everyone and offers a suite of products including Figma Design, FigJam, and Figma Slides, facilitating collaboration among designers, developers, and product managers.

Website
Headquarters
San Francisco, California
Size
1001-5000 employees
Industry
Design Services

๐Ÿ›๏ธ Figma Product and Pricing News โ†’

๐Ÿ‘” Figma CEO, Management and Leadership Team โ†’

โš”๏ธ Figma Alternatives and Competitors โ†’

๐Ÿ’ผ Figma Hiring and Layoffs โ†’

๐Ÿค– Figma Developer, Integration and Automation News โ†’

๐Ÿ“ˆ Figma Financials, Fundraising and Valuation News โ†’

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๐Ÿ›๏ธ Figma Product and Pricing News

  • Figma has expanded into a multi-product platform with offerings like FigJam, Dev Mode, and Figma Slides, emphasizing flexibility and user feedback in product development.
  • PageProof launched a new plugin for Figma to streamline prototype review and approval processes for marketing and creative teams.
  • Figma introduced production-ready animations with LottieFiles, including features like spring animations and auto-layout, on January 14.
  • A new Figma plugin called Vector Image AI generates custom SVG illustrations using AI based on text prompts, integrating seamlessly into Figma without needing to export or import.
  • Figma Slides will be generally available and included in the new Full, Dev, and Collab seats starting on March 11, 2025.

  • Figma introduced a split tabs feature in its desktop app to allow users to view side-by-side files or companion files, enhancing workflow efficiency.
  • Figma will update its pricing and billing model on March 11, 2025, including increased pricing for Figma Design and more functionality with every paid seat.
  • Figma introduced updates to Plugin and REST APIs, including annotations, measurements, rich text formatting, and advanced prototyping, as well as a feature for Org Admins to view uncaptured users in their organization.

๐Ÿ‘” Figma CEO, Management and Leadership Team


โš”๏ธ Figma Alternatives and Competitors

  • Adobe XD
  • |
  • Miro
  • |
  • Sketch
  • |
  • InVision
  • |
  • UXPin
  • |
  • Axure RP
  • |
  • Marvel
  • |
  • Justinmind
  • |
  • Moqups
  • |
  • Framer
  • |
  • Canva
  • |
  • Balsamiq
  • |
  • Siter
  • |
  • Penpot

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๐Ÿ’ผ Figma Hiring and Layoffs

  • Mike Wittig has joined Figma as Chief Information Officer in the United States, previously serving as Vice President, Head of Foundational Engineering at Block.
  • Danielle Peretore has joined Figma as Senior Director, Head of Business Operations in the San Francisco Bay Area, previously holding a position at another company.
  • Andrew Mattock has joined Figma as Director, Marketing Strategy & Operations in the United States, previously serving as VP, Demand Generation at Apollo.io.
  • DeAnna C. has joined Figma as Design Director in the United States, previously serving as Design Leader at Pave.
  • Sarmad Qutub has joined Figma as a Product Lead in the Greater Chicago Area, previously serving as Product Lead for Google Cloud Security at Google.

  • Dustin F. has left Figma as a Marketing Strategic Program Manager to join Klaviyo as a Director, Marketing Strategy & Transformation in the United States.
  • Katherine Melehan has joined Figma as Internal Audit Director in the San Francisco Bay Area, previously serving as Global Head of Enterprise Risk & Internal Audit at Rippling.
  • Martin Sohikish has left Figma as a Senior Enterprise Account Executive in the United States to join Harvey as an Enterprise Account Executive.

๐Ÿค– Figma Developer, Integration and Automation News

  • On November 20, 2024, Figma highlighted Mirakl's successful implementation of a design system using Figma's tools to enhance design workflows and accelerate project delivery.
  • SEAT CUPRA improved collaboration and efficiency by using Figma for their Design System, enhancing brand consistency and reducing design time.
  • Figma is being used in Mitsubishi Electric's new 'Serendie Design System' to streamline UI development and improve quality by integrating with React for efficient design-to-implementation transitions.
  • DBS Bank is using Figma for a major redesign involving over 25 designers and 12 development squads across two countries.
  • UI designers at EA SPORTS FC use Figma to create quick prototypes without needing to write code.

  • Figma showcased a collaboration with the National Park Service to unify digital experiences for hundreds of sites, as shared by Kevin Twohy on October 21.

๐Ÿ“ˆ Figma Financials, Fundraising and Valuation News

  • Figma raised $415.7M at a $12.5B valuation in May 2024, with revenue reaching $400M the same year.


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