Business Operations at Figma

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About Figma

Figma is a leading digital design and collaboration platform that enables teams to create, prototype, and collaborate on user interfaces and other design projects in real time. Founded in 2012 and headquartered in San Francisco, California, Figma operates at the intersection of design and technology, revolutionizing how designers and developers work together. The company’s cloud-based approach eliminates the need for local software installations, making it accessible from any device with an internet connection. This innovative model has positioned Figma as a disruptor in the traditionally desktop-centric design software industry. Figma’s core offering is a comprehensive design tool that includes features such as vector editing, component libraries, real-time collaboration, and developer handoff capabilities. Its platform supports the entire design workflow, from initial wireframing to final prototyping and code generation. The tool is particularly valued by UX/UI designers, product teams, and development agencies for its collaborative features, which allow multiple users to work simultaneously on the same project. Figma’s subscription-based model offers both free and paid tiers, catering to individual designers as well as enterprise-level organizations with advanced security and administration needs. Figma has rapidly gained market share, becoming one of the most widely adopted design tools globally, with millions of users across various industries. In 2022, the company achieved unicorn status with a $10 billion valuation, reflecting its significant impact on the design software landscape. Its unique value proposition lies in democratizing design by making professional-grade tools accessible to non-designers while maintaining robust features for expert designers. Figma’s acquisition by Adobe in 2022 for $20 billion further solidified its position as an industry leader, combining its collaborative approach with Adobe’s extensive creative ecosystem.

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