Samsung Ventures backs DocuSign

DocuSign to use $115 million from latest funding round to boost global expansion

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DocuSign, an e-signature and transaction management software provider, has detailed strategic investments the company says will help it grow its mobile reach and expand into Spanish-speaking countries, Singapore and across Asia. The commitments come from Samsung Ventures, BBVA Ventures and the investment arm of the Singapore Economic Development Board (EDBI), and are part of a $115 million funding round that DocuSign announced in October. Many real estate agents use DocuSign's Digital Transaction Management platform (formerly known as Cartavi) to manage paperwork. The firm recently made a foray into California by integrating with form-filling technology zipLogix, which has license agreements for digital real estate forms across the state. “DocuSign is the global standard for digital transaction management empowering the world to keep business digital,” said Michael Jeon, director at Samsung Ventures, in a statement. “Our investment is evidence of our belief in the ...