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glider-screenTechStars Seattle grad Glider, a Portland startup developing tools to streamline the sales contract process at organizations, has been acquired in a deal of undisclosed size by Dallas-based FPX. It marks the second acquisition in the past two months of a Portland startup which graduated from the TechStars Seattle program, following the acquisition of Vizify by Yahoo last month.

gliderIn a press release, FPX said that the new offering from Glider will “help organizations’ sales teams close more deals” and “grow customer relationships more effectively.”

The Gilder service allows small and large businesses to circulate contracts; receive manager approvals and get electronic signatures. The latter task is an area that DocuSign is playing, a juggernaut in the e-signature space which just raised $85 million.

Glider CEO Eli Rubel said the price is not being disclosed, but he added that employees and investors are e are “all very pleased with the financial outcome.”

Glider was backed by True Ventures, CrunchFund, TechStars and Portland Seed Fund. It raised $1 million last year.

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