DocuSign says it is acquiring contract workflow automation startup Lexion for $165M; Lexion had raised $35.2M
I'm so incredibly impressed by and proud of him!!! https://techcrunch.com/... @docusign : Today we're excited to announce our agreement to acquire @LexionAi, a company that has helped hundreds of orga...
DocuSign plans to lay off 6% of its workforce, or ~440 jobs, and will incur a $28M-$32M charge, after acquisition talks seemingly fell through; DOCU drops 6%+
- Deal talks with Bain, Hellman & Friedman stalled over price — Restructuring to help DocuSign grow as independent company
Sources: PE firms Bain Capital and Hellman & Friedman are competing to buy DocuSign but may partner to clinch a deal; an outcome is expected in the coming weeks
Sources: DocuSign is working with advisers to explore a sale; DocuSign went public in 2018 and now has a $12B+ market cap; DOCU closes up 12.46%
Suitors for the $11 billion company could include private equity and technology firms — E-signature company DocuSign is working with advisers …
Stripe launches an apps marketplace to bring third-party tools directly into Stripe, starting with 50+ apps from companies like Dropbox, Mailchimp, and DocuSign
Data integration startup Fivetran raises $565M Series D led by a16z at a $5.6B valuation and acquires enterprise data company HVR for $700M in cash and stock
- Fivetran acquires HVR and raised $565 million for data tech — Fivetran customers include Square, DocuSign, Forever 21
Interview with CEO of DocuSign, whose sales grew 57% YoY to $431M in Q4, on its plans to expand beyond e-signatures as the market heated up during the pandemic
Adobe's co-founder invented the PDF! https://www.protocol.com/... @protocol : Electronic signatures have been legal since President Bill Clinton signed off on legislation in 2000. But it took a pandem...
DocuSign acquires Seal Software, which develops AI-powered contract discovery and management software, for $188M in cash
Mary Ann Azevedo / Crunchbase News :
DocuSign acquires Chicago-based cloud document management company SpringCM for $220M in cash to grow its business beyond electronic signatures
Nat Levy / GeekWire :
Nasdaq Acquires SecondMarket to Help Startups Sell Shares
Nasdaq has agreed to buy SecondMarket Solutions to combine forces with the Nasdaq Private Market. The group will facilitate the exchange of shares for private companies including DocuSign, Pinterest,...