Just weeks after closing funding from growth investors at a $3 billion valuation, DocuSign Inc. has raised an additional $45 million from the venture arms of Dell and Intel at the same valuation.
The strategic infusion from Dell Ventures and Intel Capital augments existing relationships DocuSign has with both tech companies and comes as the San Francisco-based platform for tracking, authenticating and archiving digital documents expands globally and into more sectors.
“We look at these as multipronged, strategic relationships with companies that are investors, customers, technology and go-to-market” partners, DocuSign Chief Executive Keith Krach said. Mr. Krach was referring to Dell and Intel joining what has become a lengthy list of strategic corporate investors helping boost DocuSign’s bottom line while shaping its long-term strategy.
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