Friday, April 27, 2018

Docusign Prices IPO, Raising $465M

Docusign, which develops e-signature software--and was founded in Seattle--priced its IPO last night at $29.00 per share, well above its initial $24.00 to $26.00 estimated IPO range. The offering raised $465M for the company. Docusign starts trading this morning on the Nasdaq Global Select Market as DOCU. Docusign's big investors are Sigma Partners, Ignition Partners, and Frazier Technology Ventures.