DocuSign surpassed the 3 million marks (signatures)
Filed in: Future, Google, Tools, Web 2.0 Add comments
DocuSign‘s electronic signature surpasses 3 million signatures. This tool can make a offshore company’s life easier with contracts and other legal documents.
I think in the future, DocuSign will become a verb just like Google – “Boss, since you are in Europe enjoying your vacation, can you DocuSign this for me?”
–aj
June 1st, 2007 at 3:28 pm
Wanna bet? They won’t be in business long enough to achieve such success. They already are pretty much out of cash and need yet another round of VC funds to remain alive. Sales have never done that.
Google, on the other hand, makes billions, is publicly traded and is used worldwide. Docusign no doubt doesn’t even support non-english countries or their varying electronic signature laws.
If you are offshore, then you operate under the laws of that country, not the laws of the US, so your agreements must meet those laws, and not US esignature laws.
Lastly, docusign has many competitors, including Suredocs, Yozons, Versign, Entrust, Silanis, Esignforms, Sertifi, Echosign, Ecomia, Alphatrust….
July 11th, 2008 at 12:59 am
Yes, I’ll take that bet! That was a year ago. DocuSign is rapidly passing 12M signatures and the business is 6x what it was a year ago, and transact business worldwide.
Combine an excellent solution with high fuel prices and you have a perfect storm for many businesses turning from expensive, error prone, and environmentally unfriendly processes to end-end digital processes using DocuSign.
As far as competitors go, it signals a growing market, and is a positive sign. That said, DocuSign has developed the ONLY enterprise service solution in this segment and leads by a mile – ask any analyst.
Lets place bets on this segment a year from NOW… This is inevitable.