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Richard Lawler
Figma adds new investors to the fold at a $12.5 billion valuation.

That’s less than the $20 billion Adobe offered for the design platform company nearly two years ago, but investors buying in the secondary share sale included Coatue Management, General Catalyst Partners, Andreessen Horowitz, and Eddy Cue.

Figma left the Adobe deal with a $1 billion breakup fee, which, along with a big redesign, is part of why CEO Dylan Field remains optimistic.


Coatue, Alkeon, General Catalyst Back Figma at $12.5 Billion Valuation

[Bloomberg]

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