DocuSign, an identity management software company that allows companies to carry out business transactions digitally, has raised $233 million. Investors in the round include Brookside Capital (apart of Bain Capital), Iconiq Capital, Wellington Management, Founders Circle Capital, and Sands Capital Ventures. Over 50 million people have used the service, while the San Francisco-based company has raised over $460 million since being founded in 2003.
The Personal finance education company NerdWallet has raised $100 million in combined debt and equity financing. $36 million in debt financing is coming from Silicon Valley Bank, while the $64 million in equity funding is from iGlobe Partners, RRE Ventures, and Institutional Venture Partners. Founded in 2009, NerdWallet was until this point entirely bootstrapped. The company reported that it had 30 million users last year. “We’re in the first inning of [the business]” CEO and founder Tim Chen told TechCrunch. “A lot of what you see on the site isn’t more advanced than what I put together in the last three or four years. We really want to overhaul it and get it ready for what I think will be a data play.”
Bit Stew Systems, a provider of real time analytics to clients in the utility industry, has raised $17.2 million from BDC Capital Corporation, Cisco Investments, GE Ventures, and existing backer Yaletown Venture Partners. The company is based in Burnaby, British Columbia.
Blue Danube Systems, which produces software and hardware solutions to improve mobile wireless access, has raised $16 million from Northgate Capital and Sequoia Capital. The company is based in Menlo Park, Calif.
NoSQL database technology company MarkLogic has secured $102 million in growth equity financing from Wellington Management, Arrowpoint Partners, Northgate Capital, angel investor Gary Bloom, and returning backers Tenaya Capital and Sequoia Capital. The company has raised $175 million since being founded in 2003. The latest financing was done at a pre-money valuation of over $1 billion. MarkLogic competes with other highly valued database companies like Cloudera, Hortonworks, MongoDB, and MapR.