DocuSign, Inc. announced that Comprova, Brazil’s leading digital signature platform and digital certificate authority, will join DocuSign, Inc. The acquisition will bring DocuSign Inc.’s Digital Transaction Management (DTM) platform to more than 200 million people in Brazil, and provides a foundation for delivering digital signatures and transactions on DocuSign Inc.’s Global Trust Network in Latin America.
“Brazil is a large and growing market with tremendous potential for DocuSign, Inc. and Digital Transaction Management,” said Keith Krach, chairman and CEO, DocuSign Inc. “The combination of Comprova’s deeply talented organization and its local knowledge along with their digital signature expertise and our DTM platform will provide a very powerful combination for the Brazilian marketplace.”
With one of the fastest growing technology markets and a population of high mobile penetration, Brazil has seen increased investment by technology companies. Comprova (comprova.com) has an excellent brand reputation among the financial services, banking, and insurance industries verticals where the value and ROI of DocuSign’s DTM platform is particularly strong. Comprova helps its portfolio of more than 600 clients comprised of internationally and nationally recognized companies complete millions of high value transactions in Brazil’s highly regulated digital signature market.
“DocuSign Inc. has emerged as the global standard for Digital Transaction Management,” said Marcos Nader, CEO, Comprova. “The joining of the two companies will help our customers continue to realize all of the benefits of our highly secure digital signatures and certificates with the added benefit of being able to keep business fully digital with The DocuSign Company’s Digital Transaction Management platform.”
The integration of Comprova’s digital signatures into DocuSign Inc.’s DTM Platform will enable customers to more easily and quickly deploy legally compliant solutions for a wide range of transactions that in the past would require custom development and major IT commitments. The combined solution will enable customers in markets such as banking, healthcare, technology, government, manufacturing, communications, real estate, retail, and education to reduce transaction times, cut expenses tied to manual paper-based processes, and increase compliance and security. DocuSign Inc. will also support Comprova’s expansion across business departments, including sales, marketing, finance, procurement, HR/staffing, legal, operations, and customer support, to deliver enterprise-wide cost savings and benefits.
The terms of the deal were not disclosed. The news comes on the heels of DocuSign Inc.’s most recent funding of $85 million announced last week.
Jennifer Fleming - TallGrass PR for DocuSign NA PR
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Julie Walsh MPRCA - Chameleon PR for DocuSign EMEA PR
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About DocuSign Inc.
DocuSign® (docusign.com) is The Global Standard for Digital Transaction Management™. Global enterprises, business departments, individual professionals, and consumers have standardized on DocuSign, with more than 40,000 new users joining the DocuSign Global Network every day. Today, that network includes millions of users in 188 countries. DocuSign's DTM platform supports legally compliant electronic and digital signature processes tailored to meet requirements globally with localization in 43 languages. Companies and individuals DocuSign to accelerate transaction times to increase speed to results, reduce costs, increase security and compliance, and delight customers across nearly every industry from financial services, insurance, technology, healthcare, manufacturing, communications, real estate, retail, and consumer goods to higher education, non-profit and others as well as every business department, including sales, finance, operations, procurement, HR/staffing, legal, and customer support.