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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]
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SignNow was founded in 2011 by Chris Hawkins and Andrew Ellis, and operates in Newport Beach, California.The two saw an issue in signature and notary fraud, and set out to revolutionize use of e-signatures with a legally binding way to add signatures to electronic documents of all sorts with authenticity, non-repudiation, and data integrity. [4]
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A notary is required to keep a log of all notarial acts, indicating the name of the person, their address, what type of document is being notarized, the type of ID used to authenticate them (or that they are known personally) by the notary, and the person's signature.
The qualified trust service provider has a crucial role in the process of qualified electronic signing. A trust service provider must receive qualified status from a supervisory governmental body that allows the entity to provide qualified trust services to be used in creating qualified electronic signatures.