The OATV-backed user interface software provider increased its valuation fivefold to $10bn in a round co-led by Morgan Stanley and Durable Capital Partners.

Figma, a US-based interface design tool provider backed by media group O’Reilly, secured $200m in series E funding yesterday at a $10bn valuation, according to Bloomberg.

Private equity firm Durable Capital Partners and investment bank Morgan Stanley’s Counterpoint Global unit co-led the round, which included Index Ventures, Greylock, Kleiner Perkins, Sequoia Capital and Andreessen Horowitz.

Founded in 2012, Figma provides an online platform that helps user interface engineers create projects together with their clients remotely and in real time. Airbnb,…

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Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.
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