A new CEO for DocuSign
Summary
Effective this week, Daniel Springer is taking the reigns and former CEO Keith Krach is moving to a chairman role. Though he couldn’t comment on timing, Springer happens to have experience with IPOs — he brought Responsys public in 2011 and later helped it get acquired by Oracle. Springer explained that it will be business as usual at DocuSign, telling TechCrunch that his first priority is to “do no harm.” He spoke confidently about the company’s growth rate, where they’re seeing a “tremendous amount of momentum.” DocuSign counts big clients like T-Mobile, Salesforce, Morgan Stanley and Bank of America, which rely on the software to make it more efficient for clients to sign documents. North America is their largest market, but they’ve been making attempts to expand in regions like the U.K., France, Australia, Brazil, Singapore and Japan. The company has raised more than $700 million from a long list of investors, which includes Bain Capital, Intel and Kleiner Perkins.
