Docusign Scores $27m In Series C Cash From Traders

Seattle-based DocuSign announced that it has closed $27 million in Series C financing

. This expense round was led by Scale Endeavor Partners with continued participation from prior tradersSigma Companions, Ignition Associates, Frazier Technologies Ventures and salesforce.com. DocuSign delivers electronic signature technologies for people and companies. These investments will more fuel the corporates new cloud-based mostly engineering and expertise scheduled for 2011 and beyond.

DocuSign also announced it has additional two higher-tech veterans towards the companys leadership staff. Roger Erickson, formerly senior vice president of know-how solutions and solutions at Autonomy ZANTAZ, will join as vice president of client results; and Dustin Grosse, formerly income and marketing normal manager for Microsofts Area Readiness group as well as the Microsoft Place of work Unified Communications Group, will be part of as senior vice president, chief marketing and advertising and business growth officer.

Also, Rory ODriscoll, managing director of Scale Opportunity Partners, will join DocuSigns Board of Directors. Were committing due to the fact DocuSigns technologies facilitates its clients drastically accelerate sales and minimize charges, and that is triggering the market place to mature dramatically, claimed ODriscoll. DocuSign runs the businesss most reputable e-signature cloud platform, serves countless numbers of blue chip clients and continues to extend its option portfolio and leadership capabilities.

Roger, Dustin and Rorys encounter is going to be a tremendous asset to DocuSign, and we're delighted to obtain them be a part of our workforce, claimed Steve King, president and CEO of DocuSign. Their strengths, combined while using strategic funds from existing investors and Scale Opportunity Soulmates, will aid extend our leadership inside quick growing electronic signature market place.

by: Loren Hall

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