FDI of the Month May 2019: Docusign plans to employ 1000 in Dublin

Business, Economy, FDI, FDI of the Month, Technology | Tue 4 Jun | Author – Business & Finance

US software firm Docusign announce plans to employ 1000 in Dublin over the next five years, leading them to become Business & Finance’s FDI of the Month for May 2019.

Docusign, established in 2003, began as an e-signature technology company to accelerate business transactions and move away from legacy, paper-based agreements. Since that first offering it has created the System of Agreement Platform which “allows companies of all sizes and across all industries to quickly modernize and digitize the entire agreement process—all the way from preparing agreements to signing, enacting and managing them—from almost anywhere in the world, on practically any device.”

Docusign in Ireland

The company has been in Ireland since 2015 and has taken on a lease on 9,290sq m (100,000sq ft) of office space in the docklands.

“The building is just a shell right now but we’re hoping to have it completely fitted out by the end of this year,” said CEO Dan Springer. He continued,

We are intending to be very aggressive in the market as we are planning on hiring a lot of people here. Our new building can fit between 800 and 900 people but I’m optimistic that we could have 1,000 employees in Dublin in five years’ time.

DocuSign has three establishments in Europe — France, United Kingdom and Ireland — as well as 3 European data centers in Frankfurt, Amsterdam and Paris and reported revenue of $701 million for its last financial year.

Business & Finance, FDI Company of the Month

IDA-IrelandBusiness & Finance, in association with IDA Ireland, recognises excellence in foreign direct investment companies operating out of Ireland through the ‘FDI of the Month’ award. The FDI of the Month award recognises the company which best demonstrates longstanding commitment to Ireland, investment in facilities and R&D, and job creation, as well as business leadership on a global scale.