Docusign Raises $300M in Series Unknown

Docusign has successfully raised $300M in a Series Unknown at a $10B valuation led by Kleiner Perkins, Accel, Sigma Partners.

Company Overview

Docusign is a SaaS company headquartered in 221 Main Street, San Francisco, CA 94105, founded in 2003 with 7500+ employees.

eSignature and agreement cloud

Fundraising Details

Amount Raised: $300M
Round Type: Series Unknown
Valuation: $10B
Date: 2024-08-30
Investors: Kleiner Perkins, Accel, Sigma Partners

About Docusign

eSignature and agreement cloud The company is positioned in the SaaS sector, serving a growing market with innovative solutions.

Key Information

Headquarters: 221 Main Street, San Francisco, CA 94105
Founded: 2003
Team Size: 7500+
Industry: SaaS

What This Means

This funding round demonstrates strong investor confidence in Docusign's vision and execution. The capital will likely be used to:

Scale Operations: Expand the team and operational capacity
Product Development: Enhance existing products and develop new features
Market Expansion: Enter new markets and strengthen presence in existing ones
Technology Investment: Invest in infrastructure and technology capabilities

Industry Context

The SaaS sector continues to attract significant investment as companies innovate to meet evolving market demands. Docusign's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching a $10B valuation marks an important milestone for Docusign, positioning the company among notable players in the SaaS industry.

Looking Ahead

With this new capital, Docusign is well-positioned to execute on its growth strategy and continue building innovative solutions in the SaaS space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.

This fundraising news was reported on 2024-08-30. For more information about Docusign, visit their headquarters at 221 Main Street, San Francisco, CA 94105.