• Forbes, Thursday, April 30, 2020 10:26 AM

Forbes takes a closer look at design software startup Figma, and how it plans to spend the addition $50 million it recently raised. In part, it plans to use the money to “consider acquisitions and ‘acquihires,’ in which a company will purchase a startup not for its intellectual property, but for its talent, as part of Figma’s next phase of expansion,” it writes. “Popular already with interface designer teams at tech companies like Airbnb, Slack and Twitter, Figma’s also used at media companies and big banks now, its CEO says, and will be pushing more into ‘visual communication.’”

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