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In July 2018, Docusign acquired SpringCM for $220 million. [45] In February 2020, Docusign acquired Seal Software for $188 million. [46] On June 1, 2021, DocuSign acquired Clause, a smart legal contract technology startup. [47] [48] The company acquired Lexion, an AI-powered agreement management tool, in May 2024 for a reported $165 million. [49]
The Electronic Signatures in Global and National Commerce Act (ESIGN, Pub. L. 106–229 (text), 114 Stat. 464, enacted June 30, 2000, 15 U.S.C. ch. 96) is a United States federal law, passed by the U.S. Congress to facilitate the use of electronic records and electronic signatures in interstate and foreign commerce.
An electronic signature, or e-signature, is data that is logically associated with other data and which is used by the signatory to sign the associated data. [1] [2] [3] This type of signature has the same legal standing as a handwritten signature as long as it adheres to the requirements of the specific regulation under which it was created (e.g., eIDAS in the European Union, NIST-DSS in the ...
DocuSign generated $234.3 million of operating cash flow in the quarter, with free cash flow of $210.7 million. It ended the quarter with cash and investments of $1.1 billion and zero debt after ...
DocuSign is the world's largest provider of e-signature services, while ServiceNow's services help companies organize their unstructured work patterns into automated digital workflows.
DocuSign added over 50,000 customers in the quarter, bringing its customer base to 1.56 million, up 11% versus a year ago. The number of customers with annualized-contracted value of $300,000 or ...
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