Disrupt Hackathon Winner Docracy Raises $650,000 From First Round

Following in the footsteps of GroupMe, another startup born at a Disrupt Hackathon is moving on to becoming areal company. Last May, Docracy was one of our Hackathon winners, and now it's raised a $650,000 seed round led by First Round Capital. Vaizra Investments, Rick Webb and Quotidian Ventures also participated. When Docracy launches publicly, it will be a repository for legal and business documents such as NDAs and term sheets. Anyone will be able to upload a document, which will be translated into native HTML5. The documents can be redlined, shared, and even signed. The more a document is signed, the more social proof it gathers that it is a well-accepted document.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/sEUd0DuvT7U/

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