Should You Invest In DocuSign Inc?

DocuSign was founded in 2003 and is a technology company offering e-signature solutions. The company pioneered the development of e-signature technology, which helps individuals and businesses automate, sign, and manage agreements. The company’s DocuSign Agreement Cloud platform enables customers to electronically sign documents from any device and location at any time. More than 500,000 paying customers and hundreds of millions of users in over 180 countries use DocuSign. These include 7 of the top 10 global technology companies, 18 of the top 20 global pharmaceutical companies, 10 of the top 15 global financial services companies, and 800 federal, state, and local government agencies. The DocuSign platform has over 350 different pre-built integrations with popular business apps. Its API has enabled embedding and connecting DocuSign with customers’ websites, mobile apps, and custom workflows. The company’s financial highlights for the second quarter of fiscal 2020 include reported total revenue of $235.6 million, representing an increase of 41% year-over-year, and subscription revenue of $220.8 million, representing an increase of 39% year-over-year. Track this instrument for more updates and news on the current DOCU value.