Figma's stock closes up 250% at $115.50, after Figma sold shares at $33 in its IPO, hitting a ~$68B valuation; Adobe's $20B Figma acquisition fell apart in 2023
Figma's stock more than tripled in its New York Stock Exchange debut on Thursday, a day after the design software company sold shares at $33 in its IPO.
Resolve AI, which is building AI tools to help software engineers autonomously troubleshoot and fix production issues, raised a $35M seed led by Greylock
Krystal Hu / Reuters :
WarpStream, which is building a cloud-native data streaming service based on the Apache Kafka protocol, raised $20M led by Greylock and Amplify
Ron Miller / TechCrunch :
Adept, which is building an AI model that can turn text commands into computer actions, raised $350M in a Series B, sources say at a $1B+ post-money valuation
An oral history of LinkedIn, which turns 20 in May, as told by Reid Hoffman and its co-founders, current executives, Satya Nadella, Richard Branson, and others
Social media, for work? The world was skeptical. But 20 years and a few white-knuckle moments later, LinkedIn has become synonymous … Tweets: @harrymccracken , @jill_bernstein , ...
Adobe plans to buy UI design and prototyping tool Figma for ~$20B, half cash and half stock; CEO Dylan Field will continue to lead Figma; ADBE closed down 16.8%
Today, we're announcing that Figma has entered into an agreement to be acquired by Adobe. TechCrunch : After the Figma-Adobe deal, which design startups are acquisition targets? Wa...
Adobe's Figma deal raises big questions about its M&A whack-a-mole strategy in response to free alternatives; the deal is 50x Figma's reported 2022 ARR of $400M
Bryce Elder / Financial Times : Tweets: @amaldorai , @workmj , @bitech , @ohmdee , and @hkanji Tweets: Amal Dorai / @amaldorai : I'm not surprised that Adobe is acquiring Figma fo...
Adobe plans to acquire UI design and prototyping tool Figma for around $20B in cash and stock; Figma CEO Dylan Field will continue in the role; ADBE drops 12%+
Adobe Inc. agreed to buy software design startup Figma Inc. in a deal valued at about $20 billion to help it expand tools for creative professionals.
DeepMind co-founder Mustafa Suleyman is leaving Google to join Greylock Partners; Suleyman was stripped of some duties in 2019 for allegedly bullying staff
New York Times :
UI design and prototyping tool Figma raises $200M at a valuation of $10B, quintupling its valuation since last year
How Aurora, now the owner of Uber's ATG, is moving to bring its self-driving tech to market via deals with Volvo in trucking, Uber and Toyota in taxis, more
On Feb. 11, about a month after closing on the acquisition of Uber's Advanced Technologies Group, or ATG, the self-driving-car startup Aurora held an all-hands meeting. Tweets: @bw...
Neeva, which is developing an ad-free search engine to be funded by subscriptions, raises $40M, valuing it at $300M and bringing the total raised to $77.5M
even beyond existing giants and startups. https://www.forbes.com/... Sar Haribhakti / @sarthakgh : Two Google veterans starting a company to compete with Google is why non competes...
Online gaming platform Roblox raises $150M led by a16z's Late Stage Venture fund, reportedly at a $4B valuation; Roblox was valued at $2.5B+ as of last year
Online gaming platform Roblox, now home to 115 million largely Gen Z players per month, announced today it has raised $150 million … Source: Wall Street Journal .