Figma, a Palo Alto, CA-based provider of an in-browser interface design and prototyping tool, raised $50m in Series D funding.
The round, which valued the company at $2 billion, was led by Andreessen Horowitz with participation from Durable Capital and existing backers Index Ventures, Greylock, Kleiner Perkins, Sequoia Capital, and Founders Fund.
The company intends to use the funds to continue to develop its core design and prototyping platform and its business reach.
Led by Dylan Field, CEO, Figma is a professional-grade online tool created specifically for interface design and enable product teams to create, test, and ship designs. In addition to interface design, customers are using Figma for tasks like visual whiteboarding, diagramming and slide creation, as well as virtual design sprinting, city building, and Minecraft skin creation.