DocuSign

Google Ventures Joins DocuSign’s New Funding, Round Grows To $55.7M

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Looks like electronic signature company DocuSign wasn’t quite finished with its fundraising when its Series D was revealed last month — today it’s announcing a new investor.

The funding was first disclosed through a filing with the Securities and Exchange Commission, with the company then confirming that it had raised $47.5 million in a round led by Kleiner Perkins Caufield & Byers, with Kleiner partner Mary Meeker joining the board. Accel Partners, Comcast Ventures, SAP Ventures, and “a large global institutional investor” also participated.

Raising money from Kleiner is already pretty impressive, but DocuSign has added another big-name investor — Google Ventures, whose investment increases the round’s total size to $55.7 million.

The company has now raised a total of about $114 million. When the round was first announced, CEO Keith Krach told me that it would be spent on research and development, expanding into new industries, and international growth.