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Balsamiq Studios is an ISV founded in March 2008 by Peldi Guilizzoni, a former Adobe senior software engineer. The Web-based Balsamiq mockup tool was launched in June 2008. Balsamiq has 33 employees based in San Francisco, Sacramento, Chicago, Bologna, Paris, and Bremen. In 2011, Balsamiq achieved almost $5 million USD in sales, and $6.4 million USD in 2015.