InVision Closes $21M Series B Funding

InVision, a New York-based cloud collaboration and workflow platform for the product design process, closed a $21m Series B round of funding.

The round, which brought the total amount raised to $35m, was led by existing investor Tiger Global Management with participation from FirstMark Capital and other current investors.

The company intends to use the funds to further invest in its product, engineering, customer service, sales and marketing divisions. It plans to hire additional team members across departments in order to roll out innovative new features and provide enhanced services to existing clients, while also continuing to scale its adoption amongst large enterprises.

Founded in 2011 by Clark Valberg and Ben Nadel, InVision provides a comprehensive prototyping and workflow platform allowing designers to collaborate with product managers, engineers, marketers, external clients and other stakeholders. It offers real-time presentation, design communication, version control and sync, which have enabled more than 350,000 designers to receive feedback on their projects
Customers include companies like Adobe, Oracle, Yahoo, Zappos, Evernote, Prezi and thousands of others.

FinSMEs

06/08/2014

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