PandaDoc, a San Francisco, CA-based Digital Transactions Management (DTM) solution provider, closed a $15m Series B round of funding.
The round was led by Rembrandt Venture Partners with participation from Microsoft Ventures, HubSpot, EBRD, via the EBRD Venture Capital Investment Programme, and Altos Ventures.
The company, which has secured $20m in total funding to date, intends to use the funds to accelerate growth.
Launched in 2013 by CEO Mikita Mikado and Sergey Barysiuk as a free and premium SaaS platform, PandaDoc provides organizations with a Digital Transactions Management (DTM) solution which integrates with leading CRMs, as well as ERP, payment, cloud storage and other systems. Additional features include eSignatures, CRM integrations, data merge, building, editing, executing, tracking documents, etc.
The company has served more than 6,000 businesses worldwide to date.