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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]
SpringCM is a secure cloud platform that manages sales contracts and all types of documents across desktop, mobile and partner applications like Salesforce.SpringCM manages the entire contract life-cycle with advanced workflows that automate manual tasks and complex processes.
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]
The app was launched in the USA on the App Store in October 2013 and was later introduced to the Russian market in January 2014. In 2015, Pure was ranked third in the Lisbon Challenge [ 5 ] and was granted an office in Lisbon for 30 years by the Mayor's Office of the City of Lisbon, where they continue to be based.
In CLM features are used as an abstraction layer between the CLM-system and subscribing systems. A feature string is a valid (as determined by the definitions in the CLM system) complete or partial selection of features that define a product. The feature string acts as a product's DNA that is shared by all subscribing systems and processes.
Pure Software was founded in October 1991 by Reed Hastings, Raymond Peck and Mark Box. The original product was a debugging tool for UNIX software applications written in C called Purify . After adding new products such as Quantify and PureLink, and doubling its revenue every year for four years, Pure Software went public with the help of ...
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