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Technology / AI and automation

The 4 key areas DocuSign is investing $85m in

DocuSign has just raised $85m, its largest ever round of funding, and has told CBR where it wants to spend the money.

The electronic-signature security firm has refused to reveal where the majority of cash has come from, simply referring to "large institutional public funds", but has identified the four key areas it wants to invest on the back of a number of high-profile deals.

Those deals include a strategic partnership with Microsoft that covers integration of DocuSign’s e-signature apps into Office 365 – bringing the technology to more than one billion Office users worldwide – and integration with Netsuite.

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DocuSign’s Jesper Frederiksen, VP of EMEA, outlined the company’s investment strategy to CBR, which is geared to becoming the global standard for Digital Transaction Management (DMT) – the process through which people can securely conduct document-based digital transactions.

 


This article is from the CBROnline archive: some formatting and images may not be present.