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FIGMA CUSTOMER BASE
Ramp seeks to raise $750 million at valuation of over $40 billionCorporate card startup Ramp is reportedly in talks to secure another $750 million at a valuation exceeding $40 billion. This potential fund...- Freshworks cuts 500 jobs; Q1 revenue hits $228 millionFreshworks announced significant job cuts, reducing its workforce by 11% or approximately 500 employees. This move comes as the business so...
- Iconiq, go-to wealth adviser for tech’s elite, is putting billions into AIIconiq is expanding aggressively into venture capital, investing billions in AI startups like Anthropic. Leveraging elite global networks, ...
- AI firms scout for startup buyouts to boost full-stack tech capabilitiesAI firms are actively acquiring startups to build full-stack capabilities as enterprises move towards large-scale AI deployment. This conso...
- Figma sued for allegedly misusing customer data for AI trainingDesign software company Figma was hit with a proposed class action in California federal court on Friday for allegedly misusing its custome...
- 93% designers use AI tools in India: Figma surveySan Francisco-based Figma is positioning itself as an AI-powered platform that supports the entire product development lifecycle from ideat...
- Design platform Figma opens office in Bengaluru, to begin hiring soonFigma will begin hiring in the country for go-to-market and customer support roles, Scott Pugh, APAC vice president of sales at Figma, said...
- Databricks projects $4 billion in annual revenue on surging AI demandIn the second quarter, the company serving around 15,000 customers including energy major Shell and electric-vehicle maker Rivian, surpasse...
- Figma IPO and stock reaction: All you need to knowFigma, the design software company and some of its existing investors sold 36.9 million shares at $33 each, beating the expected price rang...
- Figma aims at $16.4 billion valuation as tech IPOs bounce backThe company said on Monday it, along with its investors, plans to raise up to $1.03 billion in its initial public offering in the United St...
- Nykaa block deal; VC funding reportOne of Nykaa’s early investors is offloading a part of his stake through a $150-million block deal. This and more in today's ETtech Top 5.
- Figma’s much-anticipated IPO: All you need to knowFigma, a cloud-based design platform, has filed for a high-profile US IPO after scrapping its $20 billion Adobe deal. Valued at $12.5 billi...
- Figma files for IPO, plans listing on NYSE under ticker FIGFigma, a cloud-based collaborative web design platform, has filed for an initial public offering on the New York Stock Exchange under the t...
- Figma confidentially files for much awaited US IPO after $20 billion Adobe deal collapseFigma, a cloud-based design platform, has filed confidentially for an IPO in the U.S., following regulatory blockades on its $20 billion ac...
- Amazon’s Tez; ad revenues & qcomm firmsHappy Monday! Amazon is to advancing its entry into the red-hot instance delivery sector. This and more in today’s ETtech Morning Dispatch.
- It’s a myth that you can’t monetise India promise: Figma’s Dylan FieldFigma chief executive Dylan Field told ET that the American cloud-based design platform aims to leverage India's vast talent pool of design...
- Figma CEO Dylan Field laments demise of $20 billion deal with AdobeThe companies had promised it was a way to "usher in a new era of collaborative creativity," but regulators in three jurisdictions saw it a...
- Adobe's Figma deal faces EU competition investigationThe European Commission said it opened a full-scale investigation into the deal after a preliminary review triggered concerns, confirming a...
- Adobe's $20-billion Figma deal faces full-scale EU antitrust probeThe move underscores antitrust watchdogs' wariness of tech deals where bigger companies may acquire rival start-ups to shut them down.
- Adobe to buy online design startup Figma in $20 billion dealAdobe is set to release its earnings for the fiscal third quarter on Thursday. Deliberations are ongoing, and terms of a deal could still c...
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