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May 12, 2015

DocuSign fuels expansion with latest round of financing

Brookside Capital and Bain Capital Ventures led the funding round.

By James Nunns

DocuSign has raised an additional $233 million from its latest round of financing.

The funding round was led by Brookside Capital and Bain Capital Ventures and will help to fuel the company’s worldwide expansion.

Keith Krach, CEO, DocuSign, said: "We measure our success by our customers’ success – the three biggest aspects driving customer adoption are dramatic ROI, reduced risk in security and compliance, and better end user experiences for our customers’ customers."

"Our equity financing strategy of world class strategic and financial investors allows us to remain relentlessly dedicated to what matters most – the customer."

The latest round of funding means that the company has now raised more than $440 million to date from strategic investors and financial institutes including giants such as Google Ventures, Salesforce and Visa.

Dewey Awad, MD, Brookside Capital, said: "We continue to be impressed with the transformational impact and significant ROI that DocuSign is delivering for its customers, from large enterprises to small businesses."

"As the leader in Digital Transaction Management, DocuSign brings a globally scalable technology platform backed by a world class management team."

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