Thursday, March 14, 2019 [Tweets] [Favorites]

Sketch Takes Venture Capital

Sketch (tweet):

When we started Sketch back in 2011, the design landscape was very different to the one we know now. Innovation had all but stopped and existing tools were not serving designers’ needs. We stepped into the market and broke it open, paving the way for a new wave of design tools, built on top of our open plugin system, and Sketch became the foundation of what design is today.

[…]

With that in mind, we are incredibly pleased to announce that we have raised $20 million in Series A funding from Benchmark. This represents our first capital raise since we started working on Sketch nearly 10 years ago and we’re sure you’re asking, “why now?

Simply put, this will allow us to serve your needs better, faster. Benchmark has been on this journey many times before with companies like Elastic, Twitter, Uber and Zendesk. With such an impressive track record, we think they’re the perfect partner to help us create and scale the best version of the Sketch platform.

They’re going to make Sketch for Teams and also a Web version.

Dan Counsell:

Ah crap. I fear this great app may be ruined over the coming years by external pressures from investors. Fingers crossed it works out.

Previously: What It’s Like to Take on Venture Capital Investment.

Comments

Stay up-to-date by subscribing to the Comments RSS Feed for this post.

Leave a Comment