Singapore’s EDBI Makes Strategic Investment in DocuSign
SINGAPORE and SAN FRANCISCO – November 20, 2014 – DocuSign, Inc. (DocuSign®) announced that EDBI, the corporate investment arm of the Singapore Economic Development Board, has made a strategic investment in DocuSign, The Global Standard for Digital Transaction Management™ (DTM). As a strategic investor, EDBI will be an active partner, leveraging their broad network of resources and experience to facilitate DocuSign’s organic growth in Singapore and across Asia.
- “At EDBI, we look for path-breaking companies seeking to change the world of business. We believe that DocuSign has the ability to catalyze Singapore’s digitization revolution,” said Chu Swee Yeok, CEO and President, EDBI. “Through our broad network of resources, we look forward to helping DocuSign realize the tremendous potential of its Digital Transaction Management and secure cloud platform in Singapore and Asia.”
- “As the leading strategic investment firm in Singapore, EDBI has a great track record of investing in successful growth companies and helping them to expand their international reach,” said Keith Krach, Chairman and CEO, DocuSign. “As a country, Singapore has set the standard for global economic development and is admired as one of the world’s top three economies for foreign trade and investment.* We’re pleased to have EDBI join the DocuSign Global Trust Network.”
DocuSign helps consumers and businesses go fully digital with the easiest, fastest, most secure global network for sending, signing, tracking, and retaining documents to complete transactions. Consumers and businesses trust DocuSign because its DTM platform is the safest and most reliable in the industry with bank grade security and enterprise class reliability built in. DocuSign offers a secure cloud platform with the option of on premise encryption key management via the DocuSign Security Appliance to minimize risk and meet the compliance requirements of businesses of every size, industry and geography. DocuSign is Payment Card Industry Data Security Standard (PCI DSS), ISO 27001 and U.S.-E.U. Safe Harbor compliant; SSAE 16 Type II examined and tested; and TRUSTe certified.
For more information about DocuSign, please visit http://www.docusign.com.
Ms. Stephanie Tiu
EDBI Pte Ltd
DID: +65 6832-6198
About DocuSign, Inc.
DocuSign® 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 use 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. For more information, visit www.docusign.com or call 877.720.2040. Visit the DocuSign blog at www.docusign.com/blog and follow DocuSign on Twitter, LinkedIn and Facebook.
EDBI is a leading strategic investment firm headquartered in Singapore with a worldwide presence investing to drive growth opportunities within the knowledge and innovation-intensive sectors of Information & Communication Technology, Biomedical Sciences, Smart & Sustainable Technology as well as other strategic industry clusters with commercial potential. As a value adding investor, we create sustainable and synergistic partnerships with our portfolio companies, leveraging on our broad network of resources and experience to facilitate the companies’ organic growth in Asia and the world, through their operations in Singapore. For more information on EDBI, please visit http://www.edbi.com.
Copyright 2014 DocuSign, Inc. All Rights Reserved. DocuSign is a registered trademark of DocuSign, Inc., as are other names and marks. Other marks appearing herein may be trademarks of their respective owners.
*Globalisation Index 2012 ranked Singapore third following Hong Kong and Ireland as the country preferred for foreign trade and investment.