NetDocuments - About the company
NetDocuments is an acquired company based in Lehi (United States), founded in 1998. It operates as a Cloud-based enterprise content management solutions. NetDocuments has raised $30M in funding from Warburg Pincus and Cove Hill Partners. The company has 3241 active competitors, including 252 funded and 243 that have exited. Its top competitors include companies like Automattic, Box and Kaltura.
Company Details
NetDocuments is enterprise content management in the cloud. Helps to create, secure, manage, access, and collaborate on documents and email anywhere, anytime, on any device. Provides data security, compliance (SEC, FINRA, HIPAA) and disaster recovery features. It serves customers ranging from small business to large enterprises.
- Website
- www.netdocuments.com/
- Registered Address
- 8TH FLOOR SOUTH READING BRIDGE HOUSE,GEORGE STREET,READING,ENGLAND,RG1 8LS
Key Metrics
Founded Year
1998
Location
Lehi, United States
Stage
Acquired
Total Funding
$30M in 4 rounds
Latest Funding Round
Investors
Ranked
32nd among 3241 active competitors
Employee Count
157 as on Dec 31, 2021
Similar Companies
Exit Details
Acquired by Clearlake Capital Group (Mar 01, 2017)
Legal entities associated with NetDocuments
NetDocuments is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
NETDOCUMENTS LIMITED CIN: 7509508 , United Kingdom, Active | Jan 27, 2011 | $10.1M (As on Dec 31, 2023) | 32 (As on Dec 31, 2024) |
NetDocuments's acquisition details
NetDocuments got acquired by Clearlake Capital Group on Mar 01, 2017 at an acquisition amount of $230M. It was facilitated by William Blair.
Click here to take a look at NetDocuments's acquisition in detail
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NetDocuments's funding and investors
NetDocuments has raised a total funding of $30M over 4 rounds. Its first funding round was on Jul 15, 2014. Its latest funding round was a Series B round on May 25, 2021 for $*****. 2 investors participated in its latest round. NetDocuments has 5 institutional investors.
Here is the list of recent funding rounds of NetDocuments:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 25, 2021 | 3619357 | Series B | 6603349 | 4785262 | 9719899 | 3305319 |
May 14, 2019 | 6722410 | Series B | 6852609 | 4481260 | 7986674 | 6742144 |
Mar 07, 2016 | 7620166 | Series B | 4585830 | 7193563 | 6591187 | 6345453 |
View details of NetDocuments's funding rounds and investors
NetDocuments' founders and board of directors
Founder? Claim ProfileNetDocuments' employee count trend
NetDocuments has 157 employees as of Dec 21. The total employee count is 12.0% lower than what it was in Dec 20. Here is NetDocuments's employee count trend over the years:
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NetDocuments's Competitors and alternates
Top competitors of NetDocuments include Automattic, Box and Kaltura. Here is the list of Top 10 competitors of NetDocuments, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Automattic 2005, San Francisco (United States), Series E | Developer of open-source content management system | $896M | 84/100 | |
2nd | Box 2005, Redwood City (United States), Public | AI based platform for secure collaboration, content management,
and workflow | $693M | 81/100 | |
3rd | Kaltura 2006, New York City (United States), Public | Provider of video solutions for webinars, events, hubs, and virtual classrooms | $145M | 73/100 | |
4th | Provider of a platform for creating forms, surveys, and quizzes | $188M | 72/100 | ||
5th | Acquia 2007, Boston (United States), Acquired | Provider of a digital experience platform for content, community, and commerce | $174M | 71/100 | |
6th | PandaDoc 2011, San Francisco (United States), Series C | Provider of document management and automation platform with e-signature capabilities | $75.7M | 69/100 | |
7th | Provider of a unified platform for digital transformation and automation | $17.7M | 69/100 | ||
8th | M-Files 1989, Plano (United States), Series C | Enterprise document management platform for knowledge work automation | $127M | 68/100 | |
9th | Graft 2021, San Francisco (United States), Acquired | Developer of an AI platform for enterprise knowledge management and search | $29M | 66/100 | |
10th | Anomalo 2018, San Francisco (United States), Series B | Cloud based data validation and documentation software solution provider | $72M | 66/100 | |
32nd | NetDocuments 1998, Lehi (United States), Acquired | Cloud-based enterprise content management solutions | $30M | 59/100 |
Looking for more details on NetDocuments's competitors? Click here to see the top ones
NetDocuments's Investments and acquisitions
NetDocuments has acquired 2 companies including Worldox and ThreadKM. NetDocuments has not made any investments as of now.News related to NetDocuments
Media has covered NetDocuments for a total of 18 events in the last 1 year, 7 of them have been about company updates and 5 about partnerships.
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OpenText Completes Divestiture of Non-Core Unit eDOCS to NetDocuments for $163 MillionPR Newswire•Jan 13, 2026•NetDocuments, OpenText
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NetDocuments & Clio Partner for Secure Legal AI Research via ndConnectPR Newswire•Nov 18, 2025•NetDocuments, Clio
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Vincent by Clio Joins NetDocuments ndConnect Program to Deliver Secure, Global Legal AI ResearchMarTech Series•Nov 18, 2025•NetDocuments, Clio
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Thomson Reuters partners with NetDocuments for secure, integrated AI for legalPR Newswire•Nov 04, 2025•NetDocuments, Thomson Reuters
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NetDocuments to Acquire eDOCS from OpenTextGlobal Legal Chronicle•Oct 07, 2025•NetDocuments, OpenText
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OpenText to Divest Non-Core Unit to NetDocuments for US$163 MillionPR Newswire•Oct 03, 2025•NetDocuments, OpenText
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MyCase and NetDocuments Partner to Simplify Legal Document Access For AttorneysBusiness Wire•Sep 03, 2025•NetDocuments, MyCase
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