InVision plans to use $21 million from Series B for expansion

August 7
1:02 PM 2014

InVision announced it received $21 million in Series B funding with existing investor Tiger Global Funding leading the round, joined by FirstMark Capital and other existing investors. The current investment more than doubled the previous funding, and brings the total to $35 million. 

The company reportedly plans to use the investment to expand its product, engineering, customer service, sales and marketing departments. The company also plans to hire more people across the different departments as it prepares to launch new features and services to existing customers. 

InVision offers a design collaboration platform that allows designers to build interactive, realistic web and mobile prototypes. It also reduces inefficiencies, and improves productivity for a number of startups, corporations, and agencies. 

Based in New York and founded in 2011, the platform is reportedly used by more than 350,000 designers today. Design-centric companies including Adobe, Oracle, Zappos and thousands of others use the platform. 

"InVision is constantly evolving its services to meet the needs of the hundreds of thousands of designers and their teams who use our platform. This investment allows us to continue scaling and provide our clients with the features and integrations necessary to create best-in-class products.", said CEO and co-founder Clark Valberg. 

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