imported>Edward Bednar: MOS:CURRENCY

2024-09-01T20:46:31Z

MOS:CURRENCY

New page

{{Distinguish|SpringSource|Spring Framework}}
{{Multiple issues|
{{Notability|Companies|date=July 2018}}
{{Self-published|date=July 2018}}
}}
{{Infobox company
| name = SpringCM
| logo = SpringCM_Company_Logo.png
| logo_size = 280px
| type = '''[[Private company|Private]]'''
| industry = [[Enterprise Content Management]], [[Contract lifecycle management]], [[Cloud Computing]], [[Computer Software]]
| num_locations = 4 ([[Chicago]], [[San Francisco]], [[London]], & [[Bucharest]])
| num_employees = 51-200
| founders = Greg Buchholz, Jeff Piper
| key_people = Dan Dal Degan ([[CEO]])
| foundation = 2005
| location = [[Chicago, Illinois]] <br /> (United States)
| parent = [[DocuSign]]
| homepage = https://www.springcm.com/
}}
'''SpringCM''' is a secure cloud platform that manages sales contracts and all types of documents across desktop, mobile and partner applications like [[Salesforce.com|Salesforce]]. SpringCM manages the entire [[Contract lifecycle management|contract life-cycle]] with advanced workflows that automate manual tasks and complex processes. Built on its own cloud infrastructure platform, SpringCM is a content delivery network for performance, availability, and security.<ref>{{Cite web|url=https://www.springcm.com/security/cloud-platform-security-approach|title=Cloud Platform Security Approach|last=SpringCM|website=www.springcm.com|language=en|access-date=2017-05-31}}</ref>

Its corporate headquarters is located in [[Chicago, Illinois]]. In 2016, SpringCM opened two new offices in [[San Francisco]] and [[London]], and in 2018 SpringCM open an office in [[Bucharest]]. It has received the most 5-star reviews of any [[Salesforce.com|Salesforce]] AppExchange partner for [[Contract management|Contract Management]].<ref>{{Cite web|url=https://community.spiceworks.com/topic/1859206-springcm-is-a-must-see-at-dreamforce-2016|title=SpringCM is a Must-See at Dreamforce 2016|last=Inc.|first=Spiceworks|website=The Spiceworks Community|language=en|access-date=2017-05-31}}</ref>

On July 31, 2018, [[DocuSign]] announced plans to acquire SpringCM for $220 million.<ref>{{Cite news|url=https://www.zdnet.com/article/docusign-buys-springcm-for-220-million/|title=DocuSign buys SpringCM for $220 million|last=Gagliordi|first=Natalie|date=31 July 2018|work=[[ZDNet]]|access-date=1 August 2018}}</ref> On September 4, 2018, DocuSign acquired SpringCM Solution.

==History==
SpringCM was founded in 2004 by Christine Marie Mason (CEO of Adexs, Inc., 2004–2007) and Greg Buchholz as DocExchange, Inc. dba SpringCM. SpringCM was a spin-out of Adexs (Automated Document Exchange Services Inc.

In January 2006, SpringCM made its debut on the [[software as a service]] marketplace as an offshoot product based heavily upon a document sharing and compliance utility constructed for ChemCentral. SpringCM received $8 million in foundation capital from Silicon Valley–based [[Capital investment|investment capital]] firm Foundation Capital in third-quarter 2006, bringing the total amount of investment capital raised to $10 million.

In March 2007, SpringCM introduced SpringCM for [[Salesforce.com]] through the Salesforce.com AppExchange.<ref>[http://gilbane.com/news/2007/03/springcm_announces_contract_ac.html Information Technology News: SpringCM Announces Contract Accelerator and Proposal Accelerator for Salesforce.com]</ref> [[Stratus Technologies]] announced that it chose SpringCM for contract negotiations approval in September 2007.<ref>[https://archive.today/20070607094238/http://akamai.infoworld.com/Stratus_Technologies/company_60330.html?view=3&curNodeId=0&prId=AQW05926092007-1 InfoWorld: Stratus Technologies : Company Profile]</ref>

SpringCM also receives funding from North Bridge Venture Partners.

In 2010, SpringCM received $15 million in financing to help further develop and extend the company's cloud enterprise content management platform and solutions. This round of financing included existing investors Foundation Capital and North Bridge Venture Partners, and Silicon Valley Bank joined to provide [[growth capital]] and [[working capital]] financing.

In April 2012, SpringCM announced SpringCM Mobile for iPad, iPhone and Android, allowing business people to securely share content and work together anytime, anywhere, from virtually any mobile device.<ref>{{Cite web|url=http://www.springcm.com/aboutus/press-releases/mobile-content-management|title=Mobile Apps for iPad, iPhone, Android from SpringCM - SpringCM|last=|first=|date=2012-05-29|website=Spring CM|url-status=live|archive-url=https://web.archive.org/web/20120529003204/http://www.springcm.com/aboutus/press-releases/mobile-content-management|archive-date=29 May 2012|access-date=2019-12-19}}</ref>

In September 2013, SpringCM, a Silver level member of [[Oracle Corporation|Oracle]] PartnerNetwork (OPN), announced the availability of its Content Cloud Services solution in the new Oracle Cloud Marketplace.<ref>{{Cite news|url=https://www.springcm.com/press-room/springcm-content-cloud-services-streamline-revenue-processes-for-oracle-sales-cloud-fusion-crm-customers|title=SpringCM Content Cloud Services Streamline Revenue Processes for Oracle Sales Cloud (Fusion CRM) Customers|last=SpringCM|first=Team|access-date=2017-05-31|language=en}}</ref>

In November 2013, SpringCM announced enhancements to the SpringCM platform that make it easier than ever for enterprises to share SpringCM content with people who do not use SpringCM.<ref>{{Cite news|url=https://www.springcm.com/press-room/springcm-delivers-new-share-it-capabilities|title=SpringCM Delivers New Share It! Capabilities|last=SpringCM|first=Team|access-date=2017-05-31|language=en}}</ref>

In April 2014, SpringCM announced that it has received $18 million in funding from existing investors including [[Foundation Capital]] as well as new financial partners including Square 1 Bank and [[Fort Worth, Texas|Fort Worth]], Texas–based Goff Capital.<ref>{{Cite news|url=https://www.springcm.com/press-room/springcm-raises-18-million-as-enterprise-demand-for-content-cloud-services-takes-off|title=SpringCM Raises $18 Million as Enterprise Demand for Content Cloud Services Takes Off|last=SpringCM|first=Team|access-date=2017-05-31|language=en}}</ref>

In October 2014, SpringCM was named as a leader in the Aragon Research Globe for Mobile Content Management.<ref>{{Cite news|url=https://www.springcm.com/press-room/springcm-ranked-as-a-leader-in-aragon-research-globe-for-mobile-content-management|title=SpringCM Ranked as a Leader in Aragon Research Globe for Mobile Content Management|last=SpringCM|first=Team|access-date=2017-05-31|language=en}}</ref>

In February 2016, SpringCM was named a Platinum Cloud Alliance Partner by [[Salesforce.com|Salesforce]].<ref>{{Cite news|url=https://www.springcm.com/press-room/martech-advisor-springcm-inducted-into-salesforce-platinum-cloud-alliance-for-streamlined-workflow-and-increased-productivity|title=SpringCM Inducted into 'Salesforce Platinum Cloud Alliance' for Streamlined Workflow and Increased Productivity|last=SpringCM|first=Team|access-date=2017-05-31|language=en}}</ref>

In March 2016, SpringCM announced the opening of its new office in [[San Francisco, California]], in order to meet the demands of the rapidly growing business and its goal to grow globally. This move allowed the company to be closer to its partners and customers, including the headquarters of [[Salesforce.com|Salesforce]] and [[DocuSign]].<ref>{{Cite news|url=https://www.springcm.com/press-room/springcm-opens-office-in-san-francisco-to-accommodate-customer-growth|title=SpringCM Opens Office in San Francisco to Accommodate Customer Growth|last=SpringCM|first=Team|access-date=2017-05-31|language=en}}</ref>

In May 2016, SpringCM announced the opening of the company's offices in [[London]] to meet the demands of its growing business in Europe, the Middle East, and Africa ([[Europe, the Middle East and Africa|EMEA]]). SpringCM also announced the appointment of Lawrence Buckler as Area Vice President, EMEA, to head the new London office.<ref>{{Cite news|url=https://www.springcm.com/press-room/springcm-opens-office-in-london-to-accelerate-emea-growth|title=SpringCM Opens Office in London to Accelerate EMEA Growth|last=SpringCM|first=Team|access-date=2017-05-31|language=en}}</ref>

In June 2016, SpringCM announced that it has raised $17.5 million to accelerate its product development.<ref>{{Cite news|url=https://www.springcm.com/press-room/springcm-raises-17.5m-to-expand-product-offerings|title=SpringCM raises $17.5M to expand product offerings|last=SpringCM|first=Team|access-date=2017-05-31|language=en}}</ref>

In October 2016, SpringCM announced a cloud document management solution for [[Salesforce.com|Salesforce]] customers designed to manage files across teams and organizations. The platform, G|1 Docs, combines a centralized, searchable repository with document and [[content management]] functionality, according to company officials.<ref>{{Cite news|url=https://www.springcm.com/press-room/springcm-releases-g1-docs|title=SpringCM Releases G{{!}}1 Docs|last=SpringCM|first=Team|access-date=2017-05-31|language=en}}</ref>

In February 2017, SpringCM announced that it has generated $25 million in funding. Investors include Crestline Investors, Inc., a credit and structured capital focused institutional investment firm, and [[Foundation Capital]]. In conjunction with the funding, the company also announced a new CEO, veteran software executive Dan Dal Degan.<ref>{{Cite news|url=https://www.springcm.com/press-room/springcm-raises-25m-in-funding-announces-new-ceo|title=SpringCM Raises $25M in Funding, Announces New CEO|last=SpringCM|first=Team|access-date=2017-05-31|language=en}}</ref>

In April 2017, SpringCM announced it now integrates with the [[Salesforce.com|Salesforce]] Government Cloud, empowering government agencies to connect with their customers, partners and employees in entirely new ways.<ref>{{Cite news|url=https://www.springcm.com/press-room/pr-springcm-announces-new-integration-bringing-powerful-document-management-to-public-sector-customers|title=SpringCM Announces New Integration, Bringing Powerful Document Management to Public Sector Customers|last=SpringCM|first=Team|access-date=2017-05-31|language=en}}</ref>

== Specialties ==
[[Contract management|Contract Management]], [[Cloud computing|Cloud]], [[Workflow application|Automated Workflow]], [[Contract lifecycle management]], [[Software as a service|SaaS]] solution, [[Content management|Content Management]], Document Management for [[Salesforce.com|Salesforce]], Mobile Content, Contracts in [[Salesforce.com|Salesforce]], Document Management, Business Processes, and [[Enterprise content management|Enterprise Content Management]].{{citation needed|date=June 2017}}

== Customers ==
SpringCM has over 600 enterprise customers, including [[Spotify]], [[Case CE|CASE Construction]], [[Frontier Communications]], [[ING Group|ING]], the [[United States Department of Agriculture|USDA]], [[NBCUniversal]] and more.<ref>{{Cite web|url=https://www.springcm.com/customers|title=Work Flows for Our Customers|last=SpringCM|website=www.springcm.com|language=en}}</ref>

==References==
<references/>

[[Category:Companies based in Chicago]]
[[Category:Information technology companies of the United States]]
[[Category:2018 mergers and acquisitions]]
[[Category:Contract management software]]

SpringCM - Revision history

imported>Edward Bednar: MOS:CURRENCY