SignNow Raises $70M in Series B

SignNow has successfully raised $70M in a Series B at a $400M valuation led by KKR.

Company Overview

SignNow is a Enterprise Software company headquartered in Boston, MA, founded in 2011 with 200+ employees.

Digital signature solution

Fundraising Details

Amount Raised: $70M
Round Type: Series B
Valuation: $400M
Date: 2024-07-01
Investors: KKR

About SignNow

Digital signature solution The company is positioned in the Enterprise Software sector, serving a growing market with innovative solutions.

Key Information

Headquarters: Boston, MA
Founded: 2011
Team Size: 200+
Industry: Enterprise Software

What This Means

This funding round demonstrates strong investor confidence in SignNow'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 Enterprise Software sector continues to attract significant investment as companies innovate to meet evolving market demands. SignNow's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching a $400M valuation marks an important milestone for SignNow, positioning the company among notable players in the Enterprise Software industry.

Looking Ahead

With this new capital, SignNow is well-positioned to execute on its growth strategy and continue building innovative solutions in the Enterprise Software 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 2024-07-01. For more information about SignNow, visit their headquarters at Boston, MA.

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