|
||
|
Venture capital firms and funds in Europe 128 Venture Capital Group 3i Venture Capital Accuitive Medical Acer Venture Capital Act Venture Capital Ltd Adelaide Venture Capital Email ADS Ventures Boston Advantages Of Venture Capital Advent Venture Capital Agio Capital Alabama Venture Capital Alaska Venture Capital All Stages Venture Capital American Venture Capital Analysis Venture Capital Analyze Venture Capital Angel Capital Appraisal Venture Capital Arch Venture Capital Argentina Venture Capital Arizona Venture Capital Arkansas Venture Capital Arrowpath Venture Capital Assess Venture Capital Assessment Venture Capital Atlas Venture Capital ATV Venture Capital Aurora Fund Australia Venture Capital Austria Venture Capital Automotive Venture Capital AZ Venture Capital VCgate More Venture Capital Terms and Topics
-
DocuSign, It Is Official, Its Success Has Been Validated by the Market
June 4th, 2015 No comments
DocuSign is yet another successful San Francisco Startup, but it is certainly worth noting. DocuSign is unique among startups because it does not use social media, or capitalize on systems set up by Apple, Google, or Amazon. DocuSign makes software which allows you to upload and send documents for electronic signature easily. Once uploaded, the people whom the documents concern can easily access them, and sign the,. The uploader is them able to easily manage the documents. The uploader can check its status, send reminders, check for audits, and most importantly store the documents online securely. It is for use by corporations. Its customers already include some of the largest and most established companies in the world. Among them are Bayer, Sony, CenturyLink, Siemens, Salesforce, Yahoo!, Comcast, Boston Scientific, and McKesson.
DocuSign has made several large venture deals. The latest one values the company at a huge USD 3 billion as it has raised over USD 233 million in a single investment round. This is over half of the USD 440 million that is has already raised since its founding. Since its last investment round where it raised USD 85 million a year ago, its valuation has almost doubled from the previous USD 1.6 billion value estimated over a year ago. DocuSign finally seems to do something that we should have been able to do along time ago. This thing is to eliminate paper and pen when it comes to official documents. DocuSign saves time, a lot of time, and therefore a lot of money for companies. This is certainly why Brookside Capital, Bain Capital Ventures, Wellington Management, and Generational Investment Management have all jumped in to lead this latest investment round to help DocuSign grow.
DocuSign is part of a recent trend in very large funding rounds of several tech companies. These include MarkLogic, NerdWallet, Uber, and Affirm. While there are fears abound about a tech bubble, these fears are largely unfounded. This is not a repeat of 2001. The fundamentals are totally different. The fact is that technology is the only area where we are innovating these days.
Leave a reply
Latest Headlines:
Friday August 31, 2012
Zscaler Secures $38 Million Investment Round
Wednesday November 30, 2011
Health Care Solutions companies Infinity Pharmaceutics, NanoVobronix and Selventa raise funds.
Monday November 21, 2011
Panda Power opens $420 Million Fund for Solar and Natural Gas Projects
Thursday November 17, 2011
Better Place raises $200 Million for Electric Cars in the Series C of Funding
Wednesday November 16, 2011
Accel Partners raise $100 Million Big Data Fund to Invest in Hadoop, NoSQL and other Companies
Tuesday November 15, 2011
Skimlinks raises $4.5 Million to help Bloggers Increase their Gains
Monday November 14, 2011
Standing Cloud raises $3 Million to help New Cloud Providers grow Faster
Thursday November 10, 2011
Zillow acquires Diverse Solutions for $7.8 to help Real Estate Agents increase their Visibility