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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]
Contract lifecycle management (CLM) is the proactive, methodical management of a contract from initiation through award, compliance and renewal. Implementing CLM can lead to significant improvements in cost savings and efficiency. [ 1 ]
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This move allowed the company to be closer to its partners and customers, including the headquarters of Salesforce and DocuSign. [12] In May 2016, SpringCM announced the opening of the company's offices in London to meet the demands of its growing business in Europe, the Middle East, and Africa . SpringCM also announced the appointment of ...
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