Electronic signature service DocuSign has received a second round of funding totaling $10 million, the company announced late Tuesday.

The funding, led by new investor Sigma Partners, will be used to build out infrastructure and continue product development, the company said.

DocuSign’s previous investors include Frazier Technology Ventures and Ignition Partners.

The Seattle-based electronic signature company is seeing more adoption from enterprise clients, according to CEO Court Lorenzini, who added they “expect that trend to continue.”

This latest investment will enable DocuSign to grow its enterprise customer base, where there is a trend toward adoption of electronic signatures as a major improvement to internal processes. DocuSign will also use the funds to continue development of its enterprise products and grow its channel and partner network.

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Success!
Thank you for subscribing to Morning Headlines.
Back to top