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	<title>Comments on: DocuSign Raises $12.4 Million</title>
	<link>http://www.techcrunch.com/2007/09/24/docusign-raises-124-million/</link>
	<description>Startup and Tech News</description>
	<pubDate>Tue, 13 May 2008 11:50:10 +0000</pubDate>
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		<title>By: Manage You Corporate Contracts With Mumboe</title>
		<link>http://www.techcrunch.com/2007/09/24/docusign-raises-124-million/#comment-1926964</link>
		<dc:creator>Manage You Corporate Contracts With Mumboe</dc:creator>
		<pubDate>Thu, 17 Jan 2008 22:37:50 +0000</pubDate>
		<guid>http://www.techcrunch.com/2007/09/24/docusign-raises-124-million/#comment-1926964</guid>
		<description>[...] startups have popped up to help manage these contracts (mostly through eSignatures): EchoSign, DocuSign, VeriSign, Entrust, amongst others. And people are using them. DocuSign claims to have completed [...]</description>
		<content:encoded><![CDATA[<p>[&#8230;] startups have popped up to help manage these contracts (mostly through eSignatures): EchoSign, DocuSign, VeriSign, Entrust, amongst others. And people are using them. DocuSign claims to have completed [&#8230;]</p>
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		<title>By: Ben</title>
		<link>http://www.techcrunch.com/2007/09/24/docusign-raises-124-million/#comment-1663553</link>
		<dc:creator>Ben</dc:creator>
		<pubDate>Sun, 07 Oct 2007 20:54:10 +0000</pubDate>
		<guid>http://www.techcrunch.com/2007/09/24/docusign-raises-124-million/#comment-1663553</guid>
		<description>Eh middlepost...raising more money just means there's no revenue to keep the biz afloat.  They already raised over $15M and still cannot show revenue to float them, so they needed another $12M just to keep their operations going.  It's risky money taking over the early birds that are probably diluted out now or just preferred stock that makes their worthless.</description>
		<content:encoded><![CDATA[<p>Eh middlepost&#8230;raising more money just means there&#8217;s no revenue to keep the biz afloat.  They already raised over $15M and still cannot show revenue to float them, so they needed another $12M just to keep their operations going.  It&#8217;s risky money taking over the early birds that are probably diluted out now or just preferred stock that makes their worthless.</p>
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		<title>By: Travis Reeder</title>
		<link>http://www.techcrunch.com/2007/09/24/docusign-raises-124-million/#comment-1654491</link>
		<dc:creator>Travis Reeder</dc:creator>
		<pubDate>Mon, 01 Oct 2007 21:20:21 +0000</pubDate>
		<guid>http://www.techcrunch.com/2007/09/24/docusign-raises-124-million/#comment-1654491</guid>
		<description>Disclaimer: I am a co-founder of Middlepost.

Congrats to Docusign on their funding. We have had a good response since we launched our electronic signature service at &lt;a href="http://www.middlepost.com" rel="nofollow"&gt;Middlepost&lt;/a&gt; one month ago. It's great to see the esignature industry being adopted and growing.</description>
		<content:encoded><![CDATA[<p>Disclaimer: I am a co-founder of Middlepost.</p>
<p>Congrats to Docusign on their funding. We have had a good response since we launched our electronic signature service at <a href="http://www.middlepost.com" rel="nofollow">Middlepost</a> one month ago. It&#8217;s great to see the esignature industry being adopted and growing.</p>
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		<title>By: DocuSign Blog</title>
		<link>http://www.techcrunch.com/2007/09/24/docusign-raises-124-million/#comment-1647465</link>
		<dc:creator>DocuSign Blog</dc:creator>
		<pubDate>Wed, 26 Sep 2007 16:55:11 +0000</pubDate>
		<guid>http://www.techcrunch.com/2007/09/24/docusign-raises-124-million/#comment-1647465</guid>
		<description>&lt;strong&gt;DocuSign Raises $12.4 Million to Fuel Rapid Growth...&lt;/strong&gt;

DocuSign has achieved another major milestone in the company’s history. I am very pleased to announce the closing of our $12.4 million Series C funding round. Joining our strong investment team of Frazier Technology Ventures, Ignition Partners and Si...</description>
		<content:encoded><![CDATA[<p><strong>DocuSign Raises $12.4 Million to Fuel Rapid Growth&#8230;</strong></p>
<p>DocuSign has achieved another major milestone in the company’s history. I am very pleased to announce the closing of our $12.4 million Series C funding round. Joining our strong investment team of Frazier Technology Ventures, Ignition Partners and Si&#8230;</p>
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		<title>By: David Wall</title>
		<link>http://www.techcrunch.com/2007/09/24/docusign-raises-124-million/#comment-1647374</link>
		<dc:creator>David Wall</dc:creator>
		<pubDate>Wed, 26 Sep 2007 16:01:30 +0000</pubDate>
		<guid>http://www.techcrunch.com/2007/09/24/docusign-raises-124-million/#comment-1647374</guid>
		<description>Our congratulations to DocuSign for getting more cash from investors to help them grow and perhaps generate revenues that eventually may sustain the company.

Please note that Yozons, with its Signed &#38; Secured and eSignForms products, is a competitor who has been in business since 2000 and has a fast growing business with significant customers (Enterprise, Citrix, Pitney Bowes, several universities and Comcast among a long list of smaller businesses), many of whom selected Yozons over DocuSign.

You also failed to mention that alamode’s SureDocs is a direct competitor in the print-to-sign electronic signature space and has a fixed annual price that is dramatically less than what DocuSign offers.  Some like to use EchoSign's solution, especially when dealing with hybrid esign-fax documents.

If you don't see the digital signature in the PDF, it's because it's not been digitally signed.  Digital signatures are an encryption technology, while electronic signatures are a legal concept based on process, one step of which is the ability to create a reliable electronic record.  Many uses digital signatures, including Yozons, for this purpose, but it's not clear that such technology is being used by DocuSign.</description>
		<content:encoded><![CDATA[<p>Our congratulations to DocuSign for getting more cash from investors to help them grow and perhaps generate revenues that eventually may sustain the company.</p>
<p>Please note that Yozons, with its Signed &amp; Secured and eSignForms products, is a competitor who has been in business since 2000 and has a fast growing business with significant customers (Enterprise, Citrix, Pitney Bowes, several universities and Comcast among a long list of smaller businesses), many of whom selected Yozons over DocuSign.</p>
<p>You also failed to mention that alamode’s SureDocs is a direct competitor in the print-to-sign electronic signature space and has a fixed annual price that is dramatically less than what DocuSign offers.  Some like to use EchoSign&#8217;s solution, especially when dealing with hybrid esign-fax documents.</p>
<p>If you don&#8217;t see the digital signature in the PDF, it&#8217;s because it&#8217;s not been digitally signed.  Digital signatures are an encryption technology, while electronic signatures are a legal concept based on process, one step of which is the ability to create a reliable electronic record.  Many uses digital signatures, including Yozons, for this purpose, but it&#8217;s not clear that such technology is being used by DocuSign.</p>
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		<title>By: phenom</title>
		<link>http://www.techcrunch.com/2007/09/24/docusign-raises-124-million/#comment-1645608</link>
		<dc:creator>phenom</dc:creator>
		<pubDate>Tue, 25 Sep 2007 19:05:26 +0000</pubDate>
		<guid>http://www.techcrunch.com/2007/09/24/docusign-raises-124-million/#comment-1645608</guid>
		<description>Great news...what abt other eSignature providers.</description>
		<content:encoded><![CDATA[<p>Great news&#8230;what abt other eSignature providers.</p>
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		<title>By: Alex</title>
		<link>http://www.techcrunch.com/2007/09/24/docusign-raises-124-million/#comment-1645473</link>
		<dc:creator>Alex</dc:creator>
		<pubDate>Tue, 25 Sep 2007 17:23:24 +0000</pubDate>
		<guid>http://www.techcrunch.com/2007/09/24/docusign-raises-124-million/#comment-1645473</guid>
		<description>Nick,

Great post. Impressive response time - the news just broke a few hours ago.

There is another eSignature provider worth mentioning; this one doesn't depend on venture capital.

eLynx (www.elynx.com) offers uSign under the SaaS model. The product is used by mortgage lenders and insurers to make our lives less dependent on paper.

Best.</description>
		<content:encoded><![CDATA[<p>Nick,</p>
<p>Great post. Impressive response time - the news just broke a few hours ago.</p>
<p>There is another eSignature provider worth mentioning; this one doesn&#8217;t depend on venture capital.</p>
<p>eLynx (www.elynx.com) offers uSign under the SaaS model. The product is used by mortgage lenders and insurers to make our lives less dependent on paper.</p>
<p>Best.</p>
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		<title>By: Fake "Fake Michael Arrington"</title>
		<link>http://www.techcrunch.com/2007/09/24/docusign-raises-124-million/#comment-1645073</link>
		<dc:creator>Fake "Fake Michael Arrington"</dc:creator>
		<pubDate>Tue, 25 Sep 2007 12:49:26 +0000</pubDate>
		<guid>http://www.techcrunch.com/2007/09/24/docusign-raises-124-million/#comment-1645073</guid>
		<description>I don't think the concept is to use the signature as a mechanism for authentication.  It's to use the signature as a mechanism for AGREEMENT.

Huge difference.

Of course you need to authenticate the document signer.  

I hate stating the obvious to a geek crowd, but here goes:

What you are trying to do with a digital signature is to associate agreement with terms.  In other words, create an unchangeable document that the person who signs it agrees to.  And this requires both authentication and non-changeability.  The problems with documents, copy machines and faxes today are that it's difficult for you to prove to a court that THIS is the exact set of terms that were agreed to (particularly when a "signature" can be cut-and-pasted (using Photoshop or scissors) and faxed.)

Digital signatures calculate a numeric hash of the document, so that changes cannot be made later.  This service can prove that the document was unchanged, after it was agreed to.

The "picture" of the signature is just an icon to relate it to the physical paradigm.</description>
		<content:encoded><![CDATA[<p>I don&#8217;t think the concept is to use the signature as a mechanism for authentication.  It&#8217;s to use the signature as a mechanism for AGREEMENT.</p>
<p>Huge difference.</p>
<p>Of course you need to authenticate the document signer.  </p>
<p>I hate stating the obvious to a geek crowd, but here goes:</p>
<p>What you are trying to do with a digital signature is to associate agreement with terms.  In other words, create an unchangeable document that the person who signs it agrees to.  And this requires both authentication and non-changeability.  The problems with documents, copy machines and faxes today are that it&#8217;s difficult for you to prove to a court that THIS is the exact set of terms that were agreed to (particularly when a &#8220;signature&#8221; can be cut-and-pasted (using Photoshop or scissors) and faxed.)</p>
<p>Digital signatures calculate a numeric hash of the document, so that changes cannot be made later.  This service can prove that the document was unchanged, after it was agreed to.</p>
<p>The &#8220;picture&#8221; of the signature is just an icon to relate it to the physical paradigm.</p>
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		<title>By: Abhishek</title>
		<link>http://www.techcrunch.com/2007/09/24/docusign-raises-124-million/#comment-1644702</link>
		<dc:creator>Abhishek</dc:creator>
		<pubDate>Tue, 25 Sep 2007 07:38:49 +0000</pubDate>
		<guid>http://www.techcrunch.com/2007/09/24/docusign-raises-124-million/#comment-1644702</guid>
		<description>I agree with Dave in saying that using signature as the only means of authentication seems flawed...but we can at least make it more secure by having some really good signature.

http://www.signinstyle.com</description>
		<content:encoded><![CDATA[<p>I agree with Dave in saying that using signature as the only means of authentication seems flawed&#8230;but we can at least make it more secure by having some really good signature.</p>
<p><a href="http://www.signinstyle.com" rel="nofollow">http://www.signinstyle.com</a></p>
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		<title>By: dave mcclure</title>
		<link>http://www.techcrunch.com/2007/09/24/docusign-raises-124-million/#comment-1644657</link>
		<dc:creator>dave mcclure</dc:creator>
		<pubDate>Tue, 25 Sep 2007 06:56:28 +0000</pubDate>
		<guid>http://www.techcrunch.com/2007/09/24/docusign-raises-124-million/#comment-1644657</guid>
		<description>hmmm. i know a few &lt;a href="http://500hats.typepad.com/500blogs/2007/09/vcs-tech-lawyer.html" rel="nofollow"&gt;lo-tech lawyers and VCs&lt;/a&gt; who might want to look into this.

naah, forget it... they're too busy killing trees &#38; billing hours.</description>
		<content:encoded><![CDATA[<p>hmmm. i know a few <a href="http://500hats.typepad.com/500blogs/2007/09/vcs-tech-lawyer.html" rel="nofollow">lo-tech lawyers and VCs</a> who might want to look into this.</p>
<p>naah, forget it&#8230; they&#8217;re too busy killing trees &amp; billing hours.</p>
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		<title>By: Dave</title>
		<link>http://www.techcrunch.com/2007/09/24/docusign-raises-124-million/#comment-1644532</link>
		<dc:creator>Dave</dc:creator>
		<pubDate>Tue, 25 Sep 2007 04:42:00 +0000</pubDate>
		<guid>http://www.techcrunch.com/2007/09/24/docusign-raises-124-million/#comment-1644532</guid>
		<description>I never really got the whole thing with signatures.  In the course of your life you sign so many signatures that wind up in trusted and non-trusted places that to use your signature as the sole means of authentication seems flawed.</description>
		<content:encoded><![CDATA[<p>I never really got the whole thing with signatures.  In the course of your life you sign so many signatures that wind up in trusted and non-trusted places that to use your signature as the sole means of authentication seems flawed.</p>
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		<title>By: Steve Ballmer</title>
		<link>http://www.techcrunch.com/2007/09/24/docusign-raises-124-million/#comment-1644528</link>
		<dc:creator>Steve Ballmer</dc:creator>
		<pubDate>Tue, 25 Sep 2007 04:37:37 +0000</pubDate>
		<guid>http://www.techcrunch.com/2007/09/24/docusign-raises-124-million/#comment-1644528</guid>
		<description>Signatures!
Sooooo last generation!
cute though, rectal probe scanns are the latest greatest thing.
Some guys like it better than others, but that's what we are installing in the Redmond offices.
http://fakesteveballmer.blogspot.com</description>
		<content:encoded><![CDATA[<p>Signatures!<br />
Sooooo last generation!<br />
cute though, rectal probe scanns are the latest greatest thing.<br />
Some guys like it better than others, but that&#8217;s what we are installing in the Redmond offices.<br />
<a href="http://fakesteveballmer.blogspot.com" rel="nofollow">http://fakesteveballmer.blogspot.com</a></p>
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