Last year saw $381.5 million in revenue, up from $250.5 million the year before. Losses for last year were $115.4 million in revenue, down from $122.6 million for 2016.
“We have a history of operating losses and may not achieve or sustain profitability in the future,” the company warned in the requisite “risk factors” section of the prospectus.
The filing reveals that Sigma Partners is the largest shareholder, owning 12.9 percent of the company. Ignition Partners owns 11.7 percent and Frazier Technology Ventures owns 7.2 percent.
Kleiner Perkins also invested and partner Mary Meeker serves on DocuSign’s board, but the firm’s ownership was not high enough to meet the 5 percent threshold for the filing. The same is also true of Scale Venture Partners, with managing partner Rory O’Driscoll serving on the DocuSign board.
https://techcrunch.com/2018/03/28/docusign-unveils-ipo-filing/
Submitted March 28, 2018 at 06:03PM by cptncrnch https://ift.tt/2Gh7UD9
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