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InVision is investing $5 million in design startups with new fund

InVision is investing $5 million in design startups with new fund
From TechCrunch - December 19, 2017

InVision, the platform for creation and collaboration among designers, has today announced the launch of the InVision Fund.

Led by CEO Clark Valberg, the company is designating $5 million to invest in startups working in the design space.

The world is giving birth to all of these little design tools meant to make the world of design better, said Valberg. We think of InVision as the Salesforce of the design world, giving us the opportunity to embrace and integrate and click design customers into one seamless workflow.

As part of the fund, InVision will participate in equity investment in net new design tools. That might include participating in rounds led by institutional VCs or investing in things worth incubating ourselves, according to Valberg.

InVision also sees the opportunity to give $100K to $300K grants to folks building plug-ins specifically for the InVision platform.

InVision hit the scene in 2011 looking for a way to give designers rapid prototyping tools. Once upon a time, designers and engineers would go back and forth for weeks or months to get a products functionality and aesthetics on the same page.

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