DocuSign Brings In $2M

Seattle-based electronic signature automation software developer DocuSign has raised $2 million in debt financing, according to a regulatory filing. The company, founded in 2003, previously had raised more than $30 million in venture funding, including $5 million in Series D financing in May 2009. In 2009 DocuSign was one of a hundred companies to be named to the “Red Herring 100,” an award that identifies North American tech companies for excellence in entrepreneurship and innovation. The company also hired both a new chief executive and chairman in January. A spokesperson from DocuSign did not immediately respond to a request for comment.

Author: Thea Chard

Before joining Xconomy, Thea spent a year working as the editor of another startup, the hyperlocal Seattle neighborhood news site QueenAnneView.com. She holds a bachelor's degree from the University of Southern California, where she double-majored in print journalism and creative writing. While in college, Thea spent a semester studying in London and writing for the London bureau of the Los Angeles Times. Indulging in her passion for feature writing, she has covered a variety of topics ranging from the arts, to media, clean technology and breaking news. Before moving back to Seattle, Thea worked in new media development on two business radio shows, "Marketplace" and "Marketplace Money" by American Public Media. Her clips have appeared in the Los Angeles Times, the Santa Monica Daily Press, Seattle magazine and her college paper, the Daily Trojan. Thea is a native Seattleite who grew up in Magnolia, and now lives in Queen Anne.