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Penpot Raises $8M After Open Source Design Software Sees 5600% Surge in Sign-Ups Following Adobe’s $20 Billion Acquisition Move

Penpot Aims to Disrupt the Design Collaboration Market with Open Source Platform

The design collaboration market has been dominated by proprietary platforms like Figma, but a new player is emerging in the form of Penpot. This open-source platform aims to change the game by offering a free alternative that allows designers and developers to collaborate seamlessly.

Background on Penpot

Penpot was founded by Ingrid Lunden, who joined TechCrunch in 2012 as a writer and editor based out of London. The startup has gained significant traction since its inception, attracting investors like Decibel partner Sudip Chakrabarti, who believes that open source is no longer an either/or but a yes/and.

Key Features of Penpot

Penpot’s platform offers several key features that set it apart from its competitors:

  • Free to use: Unlike proprietary platforms, Penpot is free to use, making it an attractive option for designers and developers who want to collaborate without incurring costs.
  • Open-source: Penpot is built on open-source technology, which allows users to customize the platform to their needs.
  • Collaboration tools: The platform offers a range of collaboration tools, including real-time commenting and version control.

Competing with Figma

Figma has been a dominant player in the design collaboration market for several years. However, Penpot’s open-source model and free pricing may make it an attractive alternative for designers and developers who want to collaborate without breaking the bank.

Future Plans for Penpot

Penpot is currently building revenue through commercialization of its open-source software. The startup has already attracted significant investment from Decibel partner Sudip Chakrabarti, who believes in the potential of the platform.

Conclusion

Penpot’s emergence as a new player in the design collaboration market is an exciting development for designers and developers who want to collaborate seamlessly without incurring costs. With its open-source model and free pricing, Penpot may be an attractive alternative to proprietary platforms like Figma.