HelloSign

HelloSign offers the software and API interfaces allowing to append electronic signatures on digital documents and to send requests for the signature to other users.  Also HelloSign offers tools for transfer of electronic faxes and  document management.

The companies can build in the HelloSign tools the products for implementation of the digital signature. By January 28, 2019 they are integrated with software of Google, Microsoft, Oracle, Salesforce.com, Dropbox, etc. The total quantity of clients makes about 80 thousand from which 55 thousand companies use paid services. The cost of a paid subscription to HelloSign begins with $13 a month. There is a free version limiting the signature of three documents in a month.

History

2019: Dropbox purchased HelloSign for $230 million

On January 28, 2019 Dropbox announced acquisition of HelloSign for $230 million therefore the buyer entered the market of technologies of the digital signature in which competition amplifies. For example, there are Adobe and DocuSign companies.

The transaction it was announced eight weeks later after HelloSign released two new corporate expansions for Dropbox — HelloSign Dropbox Extension and HelloFax Dropbox Extension. They allow to complete document flow using the digital signature and to send facsimile messages via the Dropbox web interface.

Dropbox purchased software developer and API for the digital signature of documents. Service is built in products of Google, Oracle and Microsoft

As a result of HelloSign acquisition the functionality connected with the digital signature will be available more than 500 million registered users from more than 180 countries (statistics as of the end of January, 2019). HelloSign, having received resources of larger public company, will be able to expand considerably the markets presence, the CEO of service Joseph Walla considers.^[1]

Together with Dropbox we can provide more transparent workflows of document flow to a bigger number of clients and considerably accelerate distribution of our influence — he noted.

Notes