Notice of funding of a capital increase through 3rd-party allocation of newly issued shares by DocuSign, Inc.,
Oct. 07, 2014
Recruit Holdings Co., Ltd.
Recruit Holdings Co., Ltd. (Headquarters: Chiyoda-ku, Tokyo; President & CEO: Masumi Minegishi) has funded a capital increase through 3rd-party allocation of' newly issued shares by DocuSign, Inc. (Headquarters: San Francisco, California; CEO: Keith Krach). DocuSign helps companies Keep Business Digital? through its Digital Transaction Management (DTM) platform, including workflow automation, eSignature, and document management services. Recruit Holdings' funding has been made through its investment subsidiary RSP Fund No. 5, LLC.
1. Goal of this investment
DocuSign plans to use this capital infusion to drive deeper adoption and usage of DocuSign in Japan. Through this investment, Recruit aims to participate in the propagation of Digital Transaction Management, including workflow automation, eSignature and document management services in Japan, demand for which is expected to increase.
2. Overview of DocuSign, Inc.
DocuSign helps organizations of every size, industry and geography to achieve their digital transformations by eliminating the hassles, costs and lack of security in printing, faxing, scanning, and overnighting documents to transact business. DocuSign's DTM platform accelerates transactions for faster speed to results, lower costs, increased security and compliance, and better end user experiences. DocuSign has more than 120,000 customers and more than 40 million users across 188 countries.
|(1)||Company name||DocuSign, Inc.|
|(3)||Headquarters||221 Main Street, Suite 1000, San Francisco, CA 94105|
|(4)||Established||April 2, 2003|
|(5)||Main business||Digital Transaction Management, electronic signature technology, workflow automation, and document management services|
3. Overview of RSP Fund No. 5, LLC
|(1)||Company name||RSP Fund No. 5, LLC|
|(3)||Headquarters||8-4-17 Ginza, Chuo-ku, Tokyo|
|(4)||Established||May 7, 2013|
|(5)||Main business||Investment development and venture capital|
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