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Venture capital-backed DocuSign grabs $85m of new financing

5 Mar 2014

insurance contract formVenture capital-backed electronic signature company DocuSign has picked up another $85m of funding.

The company said most of the new capital came from large institutional investors, with the balance coming from existing backers.

Comcast Ventures, Google Ventures, SAP Ventures, Kleiner Perkins Caufield & Byers and Accel Partners are all investors in the company.

DocuSign chairman and CEO Keith Krach said, “We have the opportunity to change the way business is done for companies large and small.

“Our latest round of financing positions us to help more customers around the world keep business digital with DocuSign as the catalyst for their digital transformations.

“Our goal is to be a long-term sustainable company that provides value to our customers, partners, employees, and investors for many years to come.”

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