Webex Events vs Figma
Side-by-side comparison of AI visibility scores, market position, and capabilities
Cisco (NASDAQ: CSCO) Webex Events enterprise virtual/hybrid event platform from Socio acquisition; 16M+ Webex Calling user ecosystem competing with Cvent and Bizzabo for enterprise conference and field event management.
About
Webex Events is a virtual and hybrid event management platform — operated by Cisco Systems, Inc. (NASDAQ: CSCO), a San Jose, California-based enterprise networking and collaboration company generating $55.8 billion in revenue in fiscal year 2024 — providing event planners, marketers, and enterprise teams with the complete technology stack for in-person, hybrid, and virtual events: attendee registration and ticketing, event website builder, session scheduling, live streaming, virtual networking (AI-powered matchmaking, virtual booth halls), on-site badge printing and check-in, session engagement (live polls, Q&A, gamification), and post-event analytics. Webex Events was built primarily through Cisco's 2021 acquisition of Socio Labs (an event technology platform), combined with Cisco's own webinar and large-meeting infrastructure from the Webex Meetings platform.
Dominant browser-based collaborative UI design platform at ~$600M ARR and $12.5B valuation; Adobe's $20B acquisition blocked by regulators in 2023, Figma remains independent competing with Sketch and Adobe.
About
Figma is a San Francisco-based collaborative web-based product design platform that has become the dominant tool for UI/UX designers and product teams — enabling real-time multi-user collaboration on interface design, prototyping, and design system management directly in the browser without installing desktop software. Founded in 2012 by Dylan Field and Evan Wallace and backed by Sequoia, Greylock, and Andreessen Horowitz with over $330 million raised, Figma generated approximately $600 million in ARR in 2023, serving 4 million+ designers and product teams at companies including Microsoft, Airbnb, Twitter, and Uber. Adobe announced a $20 billion acquisition offer in 2022, which was blocked by regulators in 2023 — Figma remains independent.
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