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Corporation
SOFTWARE (NON-INTERNET/MOBILE) | Data & Document Management Software
adobe.com

Investments

13

Portfolio Exits

1

Partners & Customers

10

About Adobe

Adobe (NASDAQ: ADBE) is a multinational computer software company. It develops and markets software products and services for creative professionals, businesses, and consumers. It offers Adobe Express, a cloud-based design and publishing platform that allows users to create social media graphics, website pages, and other visual content, and Adobe Lightroom, a photo editing software for editing photos, including adjusting the exposure, contrast, and color. The company was founded in 1982 and is based in San Jose, California.

Headquarters Location

345 Park Avenue

San Jose, California, 95110,

United States

408-536-6000

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Expert Collections containing Adobe

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Find Adobe in 4 Expert Collections, including Fortune 500 Investor list.

F

Fortune 500 Investor list

590 items

This is a collection of investors named in the 2019 Fortune 500 list of companies. All CB Insights profiles for active investment arms of a Fortune 500 company are included.

C

Conference Exhibitors

5,302 items

D

Digital Content & Synthetic Media

1,644 items

The Digital Content collection includes companies that use technology to create, manage, and distribute digital content under all forms, including images, videos, audio, and text, among others.

R

Retail Media Networks

143 items

Latest Adobe News

AI Briefing: Adobe and Salesforce expand AI tools while tech CEOs visit Congress

Sep 18, 2023

AI Briefing: Adobe and Salesforce expand AI tools while tech CEOs visit Congress September 18, 2023  •  5 min read  •  By Marty Swant As top tech leaders visited Capitol Hill last week for more AI conversations — some under oath and others behind closed doors — several of the largest platforms released even more generative AI tools for marketers and creatives. Last week, Adobe expanded its Firefly AI platform beyond beta to make it generally available across Adobe’s Creative Cloud and Experience Cloud. The new features in Photoshop and Illustrator will let people use AI to recolor photos, add or remove images and other tasks. Meanwhile, other programs like Premiere Pro and After Effects will sport new AI-powered features including ways to remove filler words and background noise with text-based editing. Along with all the creative tools, Adobe announced something called “content credentials,” which embeds tamper-evident metadata into Firefly-generated content to show when images are created or edited with AI. The data won’t reveal any personally identifiable data, but will include info such as an output thumbnail, who issued the credential (Adobe), a summary of the content, which app or device was used, the AI tool that created the image, and actions taken during the editing and creation process. “It’s not as if people are using generative AI to create bespoke [images and videos],” Deepa Subramaniam, Adobe’s vp of product marketing, told Digiday. “They’re oftentimes taking human-taken source materials like a photo on your phone or your photography hard drive and then using generative technology on top of that as an edit. That distinction is clear in the content editing credential.” Since its debut in March, Firefly’s been used to generate more than 2 billion images, according to Adobe, with around 1 billion generated in just the past month. (The company also cited the new tools as part of the reason for increasing subscription prices by around 10%, which will take effect in November.) Along with all the new AI features, Adobe also announced a new plan to pay stock photo contributors a bonus when their content is used to train Firefly. The news follows a related announcement by Bria AI — a much smaller startup backed by Getty Images — which earlier this month announced a way to pay content creators when AI-generated images are made with data from their content. Here are some other major developments that took place last week: AI policy and politics Lawmakers continued their AI-related meetings and hearings in Congress, with the CEOs of major tech companies visiting Capitol Hill. The Senate Judiciary Committee held a hearing about how to legislate AI, with testifying witnesses including Microsoft president Brad Smith, Nvidia chief scientist William Dally and Boston University law professor Woodrow Hartzog. Meanwhile, top tech CEOs also met behind closed doors with U.S. Senator Chuck Schumer as part of the majority leader’s Democratic’s AI initiatives. A bi-partisan AI bill recently introduced in Congress has already won some endorsements. Last week, the Center for AI And Digital Policy endorsed the U.S. AI Act, which aims to create a framework for U.S. regulations for AI. (On a related note, companies including Nvidia, Palantir and IBM also joined the White House’s previously introduced AI Bill of Rights pledge.) A day before Google’s antitrust court case began , the company announced a new Digital Futures Project , which aims to research and foster discussions around responsible AI. The initiative also will provide $20 million in grant funding for think tanks and academics. The first groups to receive grants include the Aspen Institute, Brookings Institution, Carnegie Endowment for International Peace and various others such as MIT, R Street Institute and SeedAI. Other AI product news AI was a hot topic during Salesforce’s Dreamforce last week in San Francisco, where the business giant announced a number of new AI products for Marketing Cloud and Salescloud. At a press conference ahead of Dreamforce, Salesforce AI CEO Clara Shih said “it’s kind of like what 1999 was for the cloud, we’re living it for AI.” In addition to a new conversational AI assistant for companies, employees and customers, Salesforce also debuted Einstein Copilot Studio, a prompt builder for customers that want to customize prompt templates. (Salesforce is also letting companies use its new Einstein 1 Data Cloud for free with a cap of 10,000 profiles.) YouTube also debuted a new AI tool last week that provides “creative guidance” to help optimize video campaigns. The feature uses AI to detect voiceovers, video length and aspect ratio and if a brand’s logo appears prominently in the first five seconds. Niantic rolled out new genAI tools for augmented reality, including new ways to help developers build WebAR experiences. With its new Character Engine, developers can also create “AI-driven brand ambassadors and characters” that can “learn, adapt, remember and navigate conversations.” (Niantic’s also tapped OpenAI’s Dall-E and ChatGPT so developers can create AI-generated images and text.) Beyond the giants, Runway released a Director Mode so users can control virtual camera movement when creating AI-generated videos on the platform. (If you’re having a hard time picturing what this looks like, here’s a demo .) Right now it’s just for web browsers, but an iOS version is coming soon. Additional AI coverage across Digiday Canva debuted new genAI tools and a new campaign , while the company’s in-house agency is experimenting with to use AI in advertising . (Canva’s newly released survey of marketing and creative leaders found 75% already see AI as an “essential” tool, but a majority also feel overwhelmed and feel there are too many AI features in the market.) At the Digiday Publishing Summit this week in Key Biscayne, Fla., publishers will also discuss genAI’s impact on the industry . Digiday also recently created an explainer story and video about OpenAI’s GPTBot , which is used to scrape website content. (OpenAI also recently released a new tool to let website owners block the bot from accessing their pages.) Following the release of OpenAI’s release of ChatGPT Enterprise last month, some companies are starting to explore what it means for privacy and other topics. Agency giants have also continued developing new genAI capabilities. Last week, Dentsu debuted a new tool called d.Scriptor , which helps write copy for and optimizing paid search ads to increase creative volume and reduce time spent developing them.

Adobe Investments

13 Investments

Adobe has made 13 investments. Their latest investment was in PrescriberPoint as part of their Seed on January 1, 2023.

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Adobe Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

1/31/2023

Seed

PrescriberPoint

Yes

1

9/14/2021

Series B

TruePic

$26.63M

Yes

Adobe, Hearst Ventures, M12, Sony Innovation Fund, and Undisclosed Angel Investors

22

9/8/2021

Series A

Tiled

$13.7M

Yes

14

5/19/2021

Series A

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$99M

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10

10/5/2020

Series D - II

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10

Date

1/31/2023

9/14/2021

9/8/2021

5/19/2021

10/5/2020

Round

Seed

Series B

Series A

Series A

Series D - II

Company

PrescriberPoint

TruePic

Tiled

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Amount

$26.63M

$13.7M

$99M

New?

Yes

Yes

Yes

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Co-Investors

Adobe, Hearst Ventures, M12, Sony Innovation Fund, and Undisclosed Angel Investors

Sources

1

22

14

10

10

Adobe Portfolio Exits

1 Portfolio Exit

Adobe has 1 portfolio exit. Their latest portfolio exit was Gigya on September 25, 2017.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

9/25/2017

Acquired

$99M

SAP

17

Date

9/25/2017

Exit

Acquired

Companies

Valuation

$99M

Acquirer

SAP

Sources

17

Adobe Acquisitions

43 Acquisitions

Adobe acquired 43 companies. Their latest acquisition was Figma on September 15, 2022.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

9/15/2022

Series E+

$99M

$333.6M

Acquired

178

3/29/2022

$99M

Acquired

1

12/8/2021

Other

$99M

$11.47M

Acquired

13

8/19/2021

Other

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$99M

$99M

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10

11/9/2020

Series E+

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$99M

$99M

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10

Date

9/15/2022

3/29/2022

12/8/2021

8/19/2021

11/9/2020

Investment Stage

Series E+

Other

Other

Series E+

Companies

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Valuation

$99M

$99M

$99M

$99M

$99M

Total Funding

$333.6M

$11.47M

$99M

$99M

Note

Acquired

Acquired

Acquired

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Sources

178

1

13

10

10

Adobe Partners & Customers

10 Partners and customers

Adobe has 10 strategic partners and customers. Adobe recently partnered with NVIDIA, Apple, Pixar Animation Studios, and The Linux Foundation on August 8, 2023.

Date

Type

Business Partner

Country

News Snippet

Sources

8/4/2023

Partner

United States

1

8/2/2023

Partner

United States

Incoming Vision Pro, Apple announces collaboration with Adobe, NVIDIA and others to develop Pixar’s 3D standard

Apple he announced which is collaborating with Pixar Animation Studios , Adobe , Autodesk , NVIDIA and Linux to promote and develop Pixar Animation Studios 's 3D Universal Scene Description technology .

1

8/1/2023

Partner

United States

Pixar, Apple, and others create alliance to drive open standard for 3D content

Pixar , Apple , and others create alliance to drive open standard for 3D content

2

7/25/2023

Partner

Netherlands

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10

7/17/2023

Licensor

Australia

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10

Date

8/4/2023

8/2/2023

8/1/2023

7/25/2023

7/17/2023

Type

Partner

Partner

Partner

Partner

Licensor

Business Partner

Country

United States

United States

United States

Netherlands

Australia

News Snippet

Incoming Vision Pro, Apple announces collaboration with Adobe, NVIDIA and others to develop Pixar’s 3D standard

Apple he announced which is collaborating with Pixar Animation Studios , Adobe , Autodesk , NVIDIA and Linux to promote and develop Pixar Animation Studios 's 3D Universal Scene Description technology .

Pixar, Apple, and others create alliance to drive open standard for 3D content

Pixar , Apple , and others create alliance to drive open standard for 3D content

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Sources

1

1

2

10

10

Adobe Team

84 Team Members

Adobe has 84 team members, including , .

Name

Work History

Title

Status

Jason M. Lemkin

Founder

Current

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Name

Jason M. Lemkin

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Work History

Title

Founder

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Status

Current

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