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.…

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