DocuSign, a Seattle, Washington-based electronic signature cloud platform provider, has closed $27m in Series C financing.
The round was led by Scale Venture Partners, with participation from existing investors Sigma Partners, Ignition Partners, Frazier Technology Ventures and salesforce.com.
In conjunction with the funding, Rory O’Driscoll, managing director of Scale Venture Partners, will join DocuSign’s Board of Directors.
The company intends to use the funds to continue to develop its new cloud-based technology and services, which are scheduled for 2011 and beyond.
DocuSign’s solutions are designed to deploy electronic signature processes for individuals and businesses (such as DocuSign for Salesforce, DocuSign Enterprise and DocuSign Realtor Edition).
Accessible from any Internet-connected device, they support nearly any document and form type in simple or complex workflows, offer user authentication options, data collection, secure document storage and retrieval, and real-time negotiation and collaboration tools.
DocuSign has also added Roger Erickson as vice president of customer success, and Dustin Grosse as senior vice president, chief marketing and business development officer.