<s>
Figma	B-Protocol
is	O
a	O
collaborative	B-Application
web	B-Application
application	I-Application
for	O
interface	O
design	O
,	O
with	O
additional	O
offline	O
features	O
enabled	O
by	O
desktop	O
applications	O
for	O
macOS	B-Application
and	O
Windows	B-Application
.	O
</s>
<s>
The	O
feature	O
set	O
of	O
Figma	B-Protocol
focuses	O
on	O
user	O
interface	O
and	O
user	B-Application
experience	I-Application
design	I-Application
,	O
with	O
an	O
emphasis	O
on	O
real-time	O
collaboration	O
,	O
utilising	O
a	O
variety	O
of	O
vector	B-Application
graphics	I-Application
editor	I-Application
and	O
prototyping	O
tools	O
.	O
</s>
<s>
The	O
Figma	B-Protocol
mobile	B-Application
app	I-Application
for	O
Android	B-Application
and	O
iOS	B-Application
allows	O
viewing	O
and	O
interacting	O
with	O
Figma	B-Protocol
prototypes	O
in	O
real-time	O
on	O
mobile	O
and	O
tablet	O
devices	O
.	O
</s>
<s>
Dylan	O
Field	O
and	O
Evan	O
Wallace	O
began	O
working	O
on	O
Figma	B-Protocol
in	O
2012	O
while	O
studying	O
computer	B-General_Concept
science	I-General_Concept
at	O
Brown	O
University	O
.	O
</s>
<s>
Wallace	O
studied	O
graphics	O
and	O
was	O
a	O
Teacher	O
Assistant	O
for	O
the	O
Computer	B-General_Concept
Science	I-General_Concept
Department	O
,	O
while	O
Field	O
chaired	O
the	O
CS	O
Departmental	O
Undergraduate	O
Group	O
.	O
</s>
<s>
The	O
original	O
objective	O
behind	O
Figma	B-Protocol
was	O
to	O
enable	O
"	O
anyone	O
 [ to ] 	O
be	O
creative	O
by	O
creating	O
free	O
,	O
simple	O
,	O
creative	O
tools	O
in	O
a	O
browser.	O
"	O
</s>
<s>
Field	O
and	O
Wallace	O
experimented	O
with	O
different	O
ideas	O
,	O
including	O
software	O
for	O
drones	O
and	O
a	O
meme	O
generator	O
,	O
before	O
settling	O
on	O
web-based	B-Application
graphics	B-Application
editor	I-Application
software	O
.	O
</s>
<s>
That	O
article	O
reported	O
that	O
the	O
company	O
's	O
first	O
ideas	O
revolved	O
around	O
3D	O
content	O
generation	O
,	O
and	O
subsequent	O
ideas	O
focused	O
on	O
photo	B-Application
editing	I-Application
and	O
object	B-Algorithm
segmentation	I-Algorithm
.	O
</s>
<s>
Wallace	O
joined	O
Field	O
in	O
California	O
after	O
completing	O
his	O
degree	O
in	O
computer	B-General_Concept
science	I-General_Concept
,	O
and	O
the	O
two	O
began	O
working	O
on	O
the	O
company	O
full	O
time	O
.	O
</s>
<s>
Figma	B-Protocol
started	O
offering	O
a	O
free	O
invite-only	O
preview	O
program	O
on	O
December	O
3	O
,	O
2015	O
.	O
</s>
<s>
On	O
October	O
22	O
,	O
2019	O
,	O
Figma	B-Protocol
launched	O
Figma	B-Protocol
Community	O
,	O
allowing	O
designers	O
to	O
publish	O
their	O
work	O
for	O
others	O
to	O
view	O
and	O
adapt	O
.	O
</s>
<s>
On	O
April	O
21	O
,	O
2021	O
,	O
Figma	B-Protocol
launched	O
a	O
digital	O
whiteboarding	B-Protocol
capability	O
called	O
FigJam	O
,	O
allowing	O
users	O
to	O
collaborate	O
with	O
sticky	O
notes	O
,	O
emojis	O
and	O
drawing	O
tools	O
.	O
</s>
<s>
In	O
June	O
2022	O
,	O
Google	B-Application
for	I-Application
Education	I-Application
announced	O
that	O
it	O
would	O
be	O
partnering	O
with	O
Figma	B-Protocol
to	O
bring	O
its	O
design	O
and	O
prototyping	O
platform	O
,	O
as	O
well	O
as	O
FigJam	O
,	O
to	O
education	O
Chromebooks	O
.	O
</s>
<s>
On	O
September	O
15	O
,	O
2022	O
,	O
Adobe	O
announced	O
it	O
had	O
entered	O
into	O
an	O
agreement	O
to	O
acquire	O
Figma	B-Protocol
for	O
about	O
$20	O
billion	O
in	O
cash	O
and	O
stock	O
,	O
the	O
company	O
's	O
largest	O
acquisition	O
to-date	O
,	O
with	O
Field	O
remaining	O
as	O
CEO	O
.	O
</s>
<s>
Members	O
of	O
the	O
design	O
community	O
showed	O
concerns	O
for	O
the	O
future	O
of	O
the	O
product	O
—	O
including	O
potential	O
or	O
mandatory	O
integration	O
with	O
Adobe	B-Operating_System
Creative	I-Operating_System
Cloud	I-Operating_System
,	O
or	O
being	O
forced	O
to	O
adopt	O
business	O
models	O
otherwise	O
unfavorable	O
in	O
comparison	O
to	O
those	O
presently	O
used	O
by	O
Figma	B-Protocol
.	O
</s>
<s>
The	O
proposed	O
purchase	O
has	O
been	O
criticized	O
on	O
antitrust	O
grounds	O
,	O
and	O
as	O
being	O
an	O
overvaluation	O
;	O
the	O
application	O
competes	O
with	O
Adobe	B-Application
XD	I-Application
,	O
which	O
had	O
begun	O
to	O
lose	O
market	O
share	O
to	O
Figma	B-Protocol
by	O
2021	O
.	O
</s>
<s>
John	O
Naughton	O
went	O
as	O
far	O
as	O
comparing	O
the	O
purchase	O
to	O
Facebook	O
's	O
acquisition	O
of	O
WhatsApp	B-Application
,	O
a	O
move	O
that	O
was	O
intended	O
to	O
prevent	O
it	O
from	O
growing	O
into	O
a	O
competitor	O
to	O
Facebook	O
's	O
core	O
businesses	O
.	O
</s>
<s>
In	O
June	O
2013	O
,	O
Figma	B-Protocol
raised	O
$3.8	O
million	O
in	O
seed	O
funding	O
.	O
</s>
<s>
In	O
February	O
2018	O
,	O
Figma	B-Protocol
raised	O
$25	O
million	O
in	O
a	O
Series	O
B	O
round	O
.	O
</s>
<s>
In	O
February	O
2019	O
,	O
Figma	B-Protocol
raised	O
$40	O
million	O
in	O
Series	O
C	O
funding	O
.	O
</s>
<s>
In	O
April	O
2020	O
,	O
Figma	B-Protocol
raised	O
$50	O
million	O
in	O
a	O
Series	O
D	O
funding	O
round	O
.	O
</s>
<s>
In	O
June	O
2021	O
,	O
Figma	B-Protocol
raised	O
$200	O
million	O
in	O
a	O
Series	O
E	O
funding	O
round	O
.	O
</s>
<s>
Figma	B-Protocol
was	O
valued	O
at	O
more	O
than	O
$2	O
billion	O
by	O
April	O
2020	O
and	O
$10	O
billion	O
by	O
the	O
end	O
of	O
May	O
2021	O
.	O
</s>
