• Home
  • News
  • Coins2Day 500
  • Tech
  • Finance
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

DocuSign raises $47.5 million, adds Mary Meeker to board

By
Miguel Helft
Miguel Helft
Down Arrow Button Icon
By
Miguel Helft
Miguel Helft
Down Arrow Button Icon
July 12, 2012, 8:26 PM ET

FORTUNE — DocuSign, the electronic signature provider, said has raised $47.5 million in a round of financing led by Kleiner Perkins Caufield & Byers. As part of the deal, which also includes investments from Accel Partners, SAP Ventures (SAP) and Comcast Ventures (CMCSA), Kleiner partner Mary Meeker will join DocuSign’s board of directors.

With the new financing, the 8-year-old company will have raised a total of $117 million.

“Our business is growing at a tremendous clip,” Keith Krach, DocuSign’s chairman and CEO, said in an interview. The company will use the additional funds to accelerate investments in research and development, international expansion and to go after certain vertical markets, Krach said. (Krach will be speaking at Coins2Day‘s Brainstorm Tech conference in Aspen, Colorado next week.)

The company, whose e-signature service is used by everyone from consumers, to small business owners like realtors, to giant companies like HP (HPQ), currently has 20 million users and is adding about 60,000 new users a day, said Krach, who has been chairman for the past 3 years and took over the CEO post last year. In the past year, the company has nearly doubled in size to 270 employees.

About the Author
By Miguel Helft
See full bioRight Arrow Button Icon
Rankings
  • 100 Best Companies
  • Coins2Day 500
  • Global 500
  • Coins2Day 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Coins2Day Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Coins2Day Brand Studio
  • Coins2Day Analytics
  • Coins2Day Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Coins2Day
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Coins2Day Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Coins2Day Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.