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DocuSign has secured $47.5 million in funding from premier investors, public funds, and strategic tech-industry leaders. Kleiner Perkins Caufield & Byers led the funding. Accel Partners and a large, global institutional investor joined in the funding round. Comcast Ventures and SAP Ventures provided additional investment joining existing tech industry partners salesforce.com and the National Association of REALTORS\u00ae. The company will use the funds to accelerate growth of the DocuSign Global Network via increased customer-focused R&D, deeper vertical industry solutions, and faster international expansion. The company also announced that Kleiner\u2019s Mary Meeker, a noted Internet-industry expert, has joined its board of directors. <\/span><\/p>\n DocuSign\u2019s legally binding, secure, cloud-based platform helps consumers and businesses of all sizes and industries collect information and sign documents online \u2013 eliminating the hassles, costs, and lack of security in printing, faxing, scanning, and overnighting documents to capture information and signatures. Companies use DocuSign to create better customer experiences and save money by automating and streamlining their business processes.<\/p>\n \u201cThis financing demonstrates the value the market places on innovative technologies that drive fundamental business transformation \u2013 particularly those with immediate ROI, viral adoption, and nearly unlimited application,\u201d said Keith Krach, chairman and CEO, DocuSign. \u201cDocuSign empowers anyone to sign anything, anywhere, anytime.\u201d<\/p>\n <\/span><\/p>\n \u201cDocuSign has created a compelling and rapidly growing business by re-imagining an age-old basic service \u2013 signing documents,\u201d said Mary Meeker, general partner, Kleiner Perkins. \u201cDocuSign\u2019s easy-to-use eSignature platform is transforming the way documents are processed and delivered, with record speed and efficiency. This financing highlights the appeal of the eSignature Transaction Management market and the value of DocuSign\u2019s global, viral network.\u201d<\/p>\n \u201cWe\u2019re investing in DocuSign because electronic signatures have gone from a \u2018nice to have\u2019 to a \u2018must have\u2019, and DocuSign is the clear global leader in this industry,\u201d said Philippe Botteri, Accel Partners. \u201cWe expect DocuSign\u2019s growth to be exponential given the viral nature of their platform and the rapid adoption of mobile devices and tablets which makes DocuSigning that much more convenient.\u201d<\/p>\n Global enterprises, business departments, individual professionals and consumers are standardizing on DocuSign with 60,000 new users joining the DocuSign Global Network every business day. Today, that network includes 20 million users who have DocuSigned more than 150 million documents in 188 countries \u2013 including employees at 90% of the Fortune 500. DocuSign is used to finish business faster across nearly every industry \u2013 including financial services, insurance, technology, healthcare, manufacturing, communications, real estate, consumer goods and higher education \u2013 and every business department \u2013 including sales, procurement, HR\/staffing, legal, and customer support.<\/p>\n DocuSign\u2019s growing customer base of 1.4 million paying users include companies like American Airlines, AON, Ariba, Auto Insurance Specialists (AIS), Bayer, BECU, BNY Mellon, Boston Scientific, BMW Financial Services, Box, California Closets, CB Richard Ellis, CenturyLink, Cisco, Comcast, Costco, Cox, DuPont, eBay, Expedia, Extra Space Storage, Haagen-Dazs Shoppe Company, HP, IKON Financial Services, Legal & General America (Banner Life and William Penn Life Insurance), LinkedIn, Madison Capital, Medtronic, Pinney Insurance, Siemens, Sony, TD Ameritrade Institutional, Toyota, Transamerica, United Automobile Insurance Services, Wellmark, Xerox, Yahoo!, and Yamaha.<\/p>\n DocuSign investors include Kleiner Perkins Caufield & Byers, Accel Partners, Comcast Ventures, SAP Ventures, Sigma+Partners, Scale Venture Partners, Frazier Technology Ventures, Ignition Partners, Second Century Ventures, WestRiver Capital LLC, salesforce.com, and the National Association of REALTORS\u00ae. To learn more about DocuSign, visit www.docusign.com.<\/p>\n <\/p>\n Kleiner Perkins and Accel Partners Fund Electronic Signature Leader Disrupting Old-Economy, Pen-and-Paper Market with Innovative SaaS Platform SAN FRANCISCO–(BUSINESS WIRE)–DocuSign, the global leader in electronic s…<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[659,60,398,660,661,303],"tags":[],"class_list":["post-2632","post","type-post","status-publish","format-standard","hentry","category-accel-partners","category-business-processes","category-docusign","category-kleiner-perkins-caufield-byers","category-scale-venture-partners","category-venture-funding"],"_links":{"self":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/2632","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/comments?post=2632"}],"version-history":[{"count":0,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/2632\/revisions"}],"wp:attachment":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/media?parent=2632"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/categories?post=2632"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/tags?post=2632"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}![\"\"](\"http:\/\/img.zemanta.com\/pixy.gif?x-id=7df5dfd6-0dc6-4d7c-92a5-05b9929c2159\")
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