K2 Software, of Bellevue, Wash., today announced several additions and improvements to its line of tools for building business-process applications, including new support for developing Android apps, and deeper integration with popular electronic-signature service DocuSign.
In addition, K2 said today that its investment from Francisco Partners, announced in February 2015, totaled $150 million. Earlier, it disclosed only that it had raised “more than $100 million.”
The company, founded in Johannesburg 15 years ago, has received a total of $166 million in funding, said CEO Adriaan van Wyk. It currently has 520 employees and “well over 2,000 customers,” he said, including about 30 percent of the Fortune 100.
The company’s tools are design to accelerate and simplify the creation and modification of software controlling complex business procedures, such as the multi-step, multi-person processing of insurance claims.
With the latest updates, K2 can now be used to create Android mobile apps that allow the completion of tasks, said van Wyk in an interview. Android users can now use their phones to delegate tasks; check the status of processes; redirect, accept or reject requests; and send for revisions. Those capabilities were already available for K2 users of phones running Windows and iOS.
K2 is also now more fully integrated with popular electronic-signature service DocuSign, allowing electronic signatures to be embedded within the K2 forms called SmartForms, which the company said can be created by non-technical workers using drag-and-drop.
The software now supports Swagger (also known as OpenAPI), a specification for describing the REST API, which allows the use of web services. Swagger support “makes it easier for citizen developers to talk to more systems,” van Wyk said.
K2’s Appit cloud service, currently oriented toward building apps inside Microsoft’s SharePoint, later this year will be expanded to build standalone apps or apps that run in Salesforce or elsewhere. The expanded K2 Cloud Platform is now available in limited preview.