Electronic signature company DocuSign has secured $47.5 million in funding, led by Kleiner Perkins Caufield & Byers (KPCB). Accel Partners and a large, global institutional investor also joined in the funding round. Comcast Ventures and SAP Ventures provided additional investment joining existing tech industry partners salesforce.com and the National Association of Realtors. Mary Meeker of KPCB has joined the DocuSign board of directors.
DocuSign’s has a customer base of 1.4 million paying users, says the company. Investors in DocuSign include Kleiner Perkins Caufield & Byers, Accel Partners, Comcast Ventures, SAP Ventures, Sigma+Partners, Scale Venture Partners, Frazier Technology Ventures, Ignition Partners, Second Century Ventures, WestRiver Capital, salesforce.com, and the National Association of Realtors.
[Image Courtesy: DocuSign]