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DocuSign completed the acquisition of Seal Software for $188m.

Synopsis

DocuSign, a provider of electronic signature solutions, completed the acquisition of Seal Software, a provider of contract analytics and AI technology, for $188m in cash. "Seal's technology and value proposition can now be more comprehensively integrated across the DocuSign Agreement Cloud—the company's suite of applications and integrations for automating and connecting the entire agreement process. By adding Seal to our growing portfolio, we are enhancing the agreement process through the use of AI-driven analytics and machine learning technology," Scott Olrich, DocuSign's COO.

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