---

Brought to you by RivalSense - an AI tool for monitoring any company.

RivalSense tracks the most important product launches, fundraising news, partnerships, hiring activities, pricing changes, tech news, vendors, corporate filings, media mentions, and other developments of companies you're following 💡

---

Figma

🌎 figma.com

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.

---

Figma News & Insights as of Oct 11, 2024

• Figma announced the availability of spring animations on LottieFiles with presets like Gentle, Quick, and Bouncy, or the option to customize.
• Figma has improved search performance and laid the foundation for future scalability after a months-long investigation into slow search speeds.
• Figma introduced a minimize panel feature that improves workspace efficiency, as praised by designer Silas on October 11.
• Figma is being used by top Indian brands like Fynd, Zomato, Swiggy, CRED, and Groww to enhance collaboration, streamline workflows, and drive innovation in their design processes.
• Figma is testing a beta feature for enterprise and team plans related to hierarchy files.

---

Sign up to receive regular updates

If you liked this report, consider following your own companies of interest. Receive weekly insights directly to your inbox using RivalSense.