AAA InVision gets $115m series F infusion

InVision gets $115m series F infusion

US-based digital product design platform InVision collected $115m in series F capital on Tuesday from investors including enterprise software developer Atlassian.

Venture capital firm Spark Capital led the round, which also featured investment bank Goldman Sachs, Battery Ventures, Iconiq Capital, Tiger Global Management, FirstMark and Geodesic Capital.

Founded in 2011, InVision has developed a platform featuring a cloud-based tool facilitating collaborative product design from ideation to development, and a product for designers and developers to more easily adhere to a company’s existing brand and user experience guidelines.

Atlassian’s investment in the round was revealed in August this year when it signed a strategic agreement with InVision agreeing to integrate their respective offerings, including Atlassian’s Trello team collaboration tool. They are also exploring additional collaborations as part of the deal.

Megan Quinn, general partner at Spark Capital, will join InVision’s board of directors in conjunction with the round.

InVision has raised $350m in funding to date. Its earlier backers include Accel, which participated in a $100m series E round in November 2017 led by Battery Ventures and backed by Tiger Global, FirstMark, Iconiq, Spark and Geodesic.

By Thierry Heles

Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.

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