Digital transaction player DocuSign has added Dell and Intel Capital to its Series F funding round, bringing the amount raised to US$278m.
This is US$45m on top of the US$233m in Series F funding that valued the company at US$3bn earlier this month. The earlier investment was led by hedge fund Brookside Capital and was joined by Generation Investment Management, ClearBridge Investments, Iconiq Capital, Wasatch Advisors, Wellington Management and Sand Capital Ventures.
Other investors in the company include Google Ventures, SAP, VISA, Salesforce.com, Samsung Venture Investment Corp, Telstra and Comcast.
Digital transaction management (DTM) player DocuSign helps more than 100,000 businesses and more than 50m users in 188 countries to go digital.
“We’re excited at the opportunity to help DocuSign achieve its massive potential as it transforms DTM worldwide,” said Michael Dell, chairman and CEO of Dell.
The funding will fuel accelerated worldwide expansion of The DocuSign Global Trust Network.
“Intel and DocuSign share a hyper-focus on creating trusted platforms to power our customers’ success,” said Rick Echevarria, vice president of Intel Security Group and general manager of Intel Security Platforms Group.
“We’ve seen the value of the DocuSign platform, and we look forward to integrating our offerings to help our customers worldwide securely transact anything, anytime, anywhere, on Intel-powered devices.”
Digital transaction management image via Shutterstock