Figjam vs Figma

2023. Adobe and Figma end $20B acquisition plans after regulatory headwinds in Europe



Adobe's $20 billion acquisition of rival Figma has officially collapsed, as the companies cited regulatory challenges in Europe as the decisive factor leading to the abandonment of the deal. Initially revealed in September of the previous year, the significant size of the transaction and the elimination of one of Adobe's key competitors made it susceptible to regulatory scrutiny. Throughout 2023, the U.S. Department of Justice (DOJ) closely examined the deal, although no formal lawsuit had been filed to prevent its completion. In a final effort to avoid legal action, Adobe and Figma engaged in discussions with the DOJ before the weekend, ultimately resulting in the termination of the acquisition plans.


2023. Figma sweetens FigJam whiteboard tool with new AI features



Figma has introduced new generative AI features to enhance its FigJam whiteboard tool, simplifying the initial setup and project organization process. One of these features is a tool designed to assist users in creating FigJam boards. Recognizing that the blank canvas can be overwhelming for beginners, Figma aimed to alleviate this challenge by implementing a generative AI tool. This tool enables users to initiate a new board by providing a description and listing essential elements such as a calendar and project timeline, making it effortless for users to start working on their FigJam templates or diagrams even when they are unsure of where to begin. After users have established a board, they typically employ digital sticky notes to jot down ideas, tasks, or anything else of relevance. However, as the board expands, managing these notes can become challenging. The company aimed to streamline this process by offering an easier method of organization. This involved categorizing the sticky notes into coherent thematic groups based on factors like subject matter or the individual responsible for completing a specific task.


2022. Adobe snaps up Figma for $20B



Adobe has recently announced its acquisition of Figma for a staggering $20 billion. Figma has gained popularity among individuals and teams due to its streamlined and modern cloud-based environment for design and prototyping. With approximately 4 million users to date, Figma has established itself as a prominent player in the industry. On the other hand, Adobe has been actively expanding its presence in the digital creation space through both internal developments and acquisitions. This expansion has taken Adobe beyond design and into marketing and other interconnected areas in the creation process. Design has always been at the core of Adobe's DNA, evident in their iconic products such as Photoshop, fonts, illustration, video, and 3D tools. The strategic vision behind the acquisition is to seamlessly integrate these Adobe products with Figma, positioning Figma as the native platform that unifies all of them. Adobe already had a similar offering in the form of AdobeXD, but the acquisition of Figma further strengthens its position in the design ecosystem.


2021. Figma introduces a whiteboard tool called FigJam



Figma, the online collaborative design service, has unveiled FigJam, a new whiteboarding tool aimed at fostering teamwork. FigJam goes beyond providing designers with a space to generate ideas collectively; it also enables nondesigners to actively participate in the brainstorming process. The tool offers a range of features, including sticky notes, emojis, drawing tools, shapes, pre-built lines and connectors, stamps, and cursor chats. Integration with Figma ensures smooth transitions as components or design objects created in FigJam can easily be transferred to Figma. Additionally, Figma is introducing voice chat functionality across all its products. This allows users collaborating on designs in Figma or engaging in brainstorming sessions in FigJam to communicate via audio without the need for separate Zoom or Google Meet calls—simply toggling on chat in Figma facilitates seamless audio communication.


2020. Design platform Figma raises $50 million



Figma, the design platform renowned for its collaborative and cloud-based approach, has recently concluded a successful Series D financing round, raising $50 million. After nearly six years of development in stealth mode, Figma was launched in 2015 with the vision of creating a collaborative design tool that functions similarly to Google Docs. Since its inception, Figma has continued to enhance its platform, focusing on expanding accessibility and usability for individual designers, small firms, and large enterprise companies. Additionally, the company introduced an educational platform called Community, empowering designers to share their work and enabling users to "remix" designs or explore them layer by layer.


2019. Online design tool Figma gets new enterprise collaboration features



Figma, the web-based design and prototyping tool aiming to provide an alternative to similar tools like Adobe, is introducing a range of new features today to enhance collaboration across teams within large organizations. Known as Figma Organization, this feature set represents the company's first enterprise-grade service, incorporating controls and security tools that are essential for large companies. One notable addition for designers is the introduction of organization-wide design systems. While Figma already offered tools for creating design systems, this enterprise version simplifies the process of sharing libraries and fonts among teams. This ensures consistent application of styles across a company's products and services.