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DocuSign Raises $85M

DocuSign, the provider of cloud-based, electronic signature software which was founded and has major operations in Seattle, has raised $85M in a new funding round. Source of the new funding was not announced. DocuSign said it would use the new funding to expand beyond its core, real estate markets and into other industries. DocuSign has been in the midst of raising a $100M funding round, ahead of a possible IPO. The new funding apparently values the company at around $1.6 billion. More information »


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