Apttus vs DocuSign
Last updated: February 28, 2020
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Apttus vs DocuSign in our news:
2020 - DocuSign acquires Seal Software for $188M to enhance its AI chops
Contract management service DocuSign announced that it is acquiring Seal Software for $188 million. Seal Software was founded in 2010, and, while it may not be a mainstream brand, its customers include the likes of PayPal, Dell, Nokia and DocuSign itself. These companies use Seal for its contract management tools, but also for its analytics, discovery and data extraction services. And it’s these AI smarts the company developed over time to help businesses analyze their contracts that made DocuSign acquire the company. This can help them significantly reduce their time for legal reviews, for example.
2018 - DocuSign filed for IPO to compete with Adobe Sign
DocuSign, which pioneered the e-signature, is gearing up to go public in the next six months, sources tell TechCrunch. Utilizing a commonly used provision of the JOBS Act, DocuSign submitted its IPO filing behind closed doors and will reveal it weeks before its public debut. Like Dropbox, which is finally going public this week, San Francisco-based DocuSign has been an anticipated IPO for several years now. It’s raised over $500 million since it was founded in 2003 and has been valued at $3 billion. Kleiner Perkins, Bain Capital, Intel Capital, GV (Google Ventures) and Dell are amongst the many well-known names which have invested in DocuSign.
2016 - DocuSign partners with major payment providers to offer pay at signing to challenge SignEasy
Electronic signature provider DocuSign is now allowing users to add a payment to be collected digitally at signing. This is particularly important for contracts that require a down payment to continue. Prior to having this capability, the parties would have to arrange payment separately from the electronic contract signing process. For many businesses like contractors or event rentals, this meant having to make a phone call or sending an email or snail mail bill to collect payment before work could begin or the deal was official. With this new payments functionality, the parties can arrange payments up front and streamline the entire process.
2015 - Contact and quote management service Apttus raised $108M to take on Zuora
Apttus, a quote-to-cash SaaS company built on top of Salesforce.com, announced a $108 million round. Apttus software can handle quotes, contracts and revenue management. CFO Jeff Van Zanten says there are competitors who do pieces of this process, but claims none that has the breadth of services his company offers. Apttus is closely aligned with Salesforce.com, and not only because Salesforce Ventures has been a significant investor, but because Van Zanten says that the two sales teams work shoulder to shoulder inside customers. The two products are well aligned as Apttus comes into play where CRM leaves off in the customer record. As soon as you begin quoting prices, signing contracts or collecting money, Apttus takes over.
2015 - Electronic signature platform DocuSign raises $233M
DocuSign a company best known for its electronic signature platform, has raised a $233 million. DocuSign is one of the market leaders and global standards for electronic signature. It provides the world's largest and fastest growing electronic signature platform, empowering businesses to complete transactions online quickly and securely while improving compliance and reducing costs. DocuSign is the only cloud computing-based electronic signature platform that entirely replaces slow, expensive document management systems. According to the DocuSign CEO, the company now has three goals: Grow its revenue, ramp towards profits, and build its global identity standard. To that end, the new capital will be used at least in part to fuel international expansion.