Docstoc, one of the leading online repository of publicly available documents, raises $3.5 million in second round financing led by Rustic Canyon Partners. If you’re in need of templates for an employment contract, an invoice, a business plan worksheet, venture capital valuation model, or want to check free legal, business, financial, technology, educational, and creative professional documents, you should check out Doctoc.com.
Docstoc documents – word, excel, ppt, pdf – can be embedded in your website or blog. It competes with Scribd, another document repository service via Y Combinator, and currently trails the latter in terms of usage. See graph below.
This is still a growing web service category and we expect similar services to compete because there are simply too many offline documents that need to be migrated to the web cloud.
Docstoc is a good addition to your online virtual office.
Filed under: Web Application | Tagged: Docstoc
