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An investor group comprising Coatue, Alkeon Capital, and General Catalyst has invested in Figma, a design startup, as part of a deal that values the company at $12.5 billion. Figma, which is delivering an annual recurring revenue (ARR) of over $700 million, confirmed the undisclosed funding round that led to this valuation, according to Bloomberg.
Figma confirms undisclosed funding round that brings its value to $12.5B https://t.co/yyqMJCCOAE
An investor group including Coatue, Alkeon and General Catalyst have invested in Figma as part of a deal that values the design startup at $12.5 billion https://t.co/UAoYaPPJlM via @GillianTan @BrodyFord_ @technology #PrivateEquity #VC
Sources: Coatue, Alkeon Capital, General Catalyst and others have invested in Figma as part of a deal valuing it at $12.5B; Figma is delivering ARR of $700M+ (Bloomberg) https://t.co/FzlTqDyGgX š« Subscribe: https://t.co/OyWeKSRpIM https://t.co/wOiuZutPyc
