Electronic signature company DocuSign has officially opened a Chicago office after buying Chicago startup SpringCM last July.
Last year DocuSign bought Chicago software maker SpringCM for $220 million. On Wednesday, the San Francisco company announced that it is officially moving into SpringCM's current location at 180 N. LaSalle St., and it will rebrand the office under the DocuSign brand. The office currently holds around 200 employees.
The company says the Chicago space will serve as one its "key office hubs," along with its locations in Seattle and San Francisco.
A spokesperson said SpringCM will remain a distinct brand under DocuSign for now, but it will likely dissolve under the DocuSign brand later this year.
DocuSign is the latest West Coast tech giant to make expansion plans in Chicago. Salesforce recently announced plans to add 1,000 new jobs in Chicago over the next five years and move into a new 57-story tower on the riverfront, Google and Facebook both have major Chicago expansion plans coming, and Amazon will grow its corporate office in Chicago as it looks to disperse jobs around the country from its failed HQ2 office in New York.
Founded in 2005, SpringCM makes cloud software that helps companies manage sales contracts and other types of documents. It raised more than $127 million in funding before getting scooped up last year.
DocuSign, founded in 2003, went public last year. In 2013 it acquired Cartavi, a Naperville-based real estate software startup.
