New York-based digital product design platform InVision has acquired Australian startup Trunk through its Design Forward Fund.
The financial terms of the acquisition were not disclosed. InVision said its fund corpus is $5 million and that it invests in new innovative design tools, as well as developers of plug-ins, apps and design resources.
Trunk, which calls itself ‘Github for designers’, enables teams to manage their design files and streamline their collaborative workflow by utilising version control.
Trunk will continue to be available to its existing users and will wind down within the next six months as new solutions to versioning are rolled out in InVision Studio.
“The Trunk team will bring their expertise to help us to tackle some of the biggest workflow pain points and to help accelerate the Studio roadmap,” InVision said in a statement.
“As every organisation in the world faces the challenge of maturing their design teams, workflows and infrastructure for better outcomes, more and more of the patterns common to the world of engineering are becoming relevant to design as well,” added InVision CEO and founder Clark Valberg.
Trunk received seed funding from Australian accelerator Startmate in early 2018. It has attracted users from companies such as Uber, Dropbox, Accenture, Twilio and Wayfare.
Prior to Trunk, InVision’s fund has invested in Mismatch, an online community and digital magazine dedicated to advancing inclusive design; We are Colorblind, which is dedicated to the colourblind; Visionary, the world’s first Internet browser specifically designed for people with visual impairment; and The A11Y Project, an open-source, community-driven platform for easier web accessibility.
InVision is currently present in 27 countries and boasts more than 5 million users. It recently raised $115 million in a Series F funding round, bringing its total financing to $350 million. The round was led by Spark Capital, with participation from Goldman Sachs, Tiger Global Management and Atlassian.