Brief introduction of electronic signature company DocuSign

Electronic signature means the data contained in electronic form in the data message, which is attached to identify the signer and indicates that the signer approves the contents. Electronic signature is an important part of the Internet age and paperless office.

An electronic signature start-up, DocuSign, has just won a round of $85 million trillion in funding, and the company is valued at $1.6 billion trillion, according to people familiar with the matter. Previously, DocuSign has received over $100 million trillion in financing.

This round of financing could be a prelude to the DocuSign IPO. Last December, DocuSign's CFO, Mike Dinsdale, had said that DocuSign would not sell and that the future would be an IPO.

Founded in 2004, DocuSign has been able to help corporate users quickly obtain legally binding electronic signatures on the Internet, eliminating the need for users to sign faxes or emails. The company acts as an intermediary to hold related documents by verifying digital signatures of authenticated users on the Internet. In the profit model, for the needs of different users, DocuSign launched a different price, individual users free of charge, but only 5 times a month, corporate groups and other professional users, the price from 15 U.S. dollars to 20 U.S. dollars per month.

Last month, DocuSign and Microsoft reached a cooperative agreement that Office 365 users would be able to use DocuSign services directly for electronic signatures and signature documents. Word, Outlook, SharePoint Online, and SharePoint Server users can sign these documents directly with DocuSign.

At present, the number of DocuSign users is about 48 million, the number of employees 650. The company plans to use this round of financing to expand the size of its staff and to set up more offices.