July 31 (UPI) --Collaborative design firm Figma Inc. raised $1.2 billion with an initial public offering on Thursday, with shares trading for $33, which increased its market share to $19.3 billion.

As recently as 2021, Figma was a one-product company. That product was Figma Design, the dominant tool for creating app and web interfaces. The company’s subsequent addition of offerings such as ...

Nov. 28 (UPI) --The British Competition and Markets Authority on Tuesday said the proposed purchase of design software company Figma by Adobe would harm competition. The watchdog said the deal would ...

Figma’s AI-propelled growth is now translating into real financial numbers. The company has been very successful in cross-selling and upselling products to its existing clients. Integration of the ...

Figma is expanding its creative software ecosystem to allow product designers to complete entire projects without jumping to third-party apps. Four new products for website building, AI coding, ...

Adobe's strong financials, resilient margins, and rapid AI innovation make it a compelling value at current depressed valuations. Figma boasts impressive growth, high gross margins, and strong product ...