Comments on: DocuSign, for electronic signatures, raises $12.4M

By: Bobby

Bobby — Fri, 10 Oct 2008 23:45:17 +0000

John: Huh? Your link is worthless, probably like the “company” behind it. Never heard of them…

Billy: The founder didn’t bail out — he was axed after a new ceo was brought in. It’s been a desperate attempt to fix a broken company with an “anybody can replicate” technology that they cannot even protect with a patent. I’d guess they won’t be along much longer, especially as the economy tightens and people want real solutions instead of toys.

By: John

John — Wed, 02 Jul 2008 16:07:53 +0000

another competitor is SigneDocs http://www.signedocs.com which offers a much better solution.

By: Billy McPherson

Billy McPherson — Wed, 13 Feb 2008 05:57:36 +0000

Are they still in business? I guess a bad attitude can raise money, but even the founder bailed out

By: VentureBeat » Roundup: CNET sells Webshots, Comcast not alone, fundings and more

Thu, 25 Oct 2007 22:47:04 +0000

[...] raised $9.5 million. EchoSign takes $6 million for signature automation — A month ago today, we reported that competitor DocuSign had taken $12.4 million to continue developing its electronic signature [...]

By: Chris Morrison

Chris Morrison — Thu, 25 Oct 2007 15:34:05 +0000

Jeffrey: I meant to say what I said, “legally binding”. It’s not a certainty that your average web signature, from checking a “I agree” box to putting in initials, would hold up in court — Act or no. Thus, these companies exist, to do the extra work required.

David: Thanks for mentioning your company.

Chris: Echosign is mentioned above.

By: Christopher Sun

Christopher Sun — Tue, 25 Sep 2007 19:22:53 +0000

Another competitor in the space is EchoSign. Echosign has been doing well, particularly through their deep Salesforce integration (via ApEx)

By: David Wall

David Wall — Tue, 25 Sep 2007 17:26:30 +0000

Our congratulations to DocuSign for getting more cash from investors to help them grow and perhaps generate revenues that eventually may sustain the company.

Please note that Yozons, with its Signed & Secured and eSignForms products, is a competitor who has been in business since 2000 and has a fast growing business with significant customers (Enterprise, Citrix, Pitney Bowes, several universities and Comcast among a long list of smaller businesses), many of whom selected Yozons over DocuSign.

You also failed to mention that alamode’s SureDocs is a direct competitor in the print-to-sign electronic signature space and has a fixed annual price that is dramatically less than what DocuSign offers.

By: Jeffrey McManus

Jeffrey McManus — Tue, 25 Sep 2007 17:16:30 +0000

Chris, an electronic signature is indeed a “legal” signature and has been under federal law for seven years now. See: http://en.wikipedia.org/wiki/Electronic_Signatures_in_Global_and_National_Commerce_Act

What you probably meant to say was a “paper” signature which has persisted mainly for cultural reasons rather than legal reasons.