Electronic signature giant Docusign said today it will acquire Seal Software for $188 million in cash.

  • Founded in 2010, Walnut Creek, Calif.-based Seal Software bills itself as the “global leader in enterprise contract analytics.” It helps companies such as Nokia, Dell, and PayPal manage contracts and competes with Seattle-area startup Icertis.
  • DocuSign already resells Seal’s product as part of its DocuSign Agreement Cloud. It also previously invested in the startup this past March.
  • Seal Software had raised nearly $60 million, according to Crunchbase.
  • DocuSign is based in San Francisco but has its largest office in Seattle, where the company was originally founded in 2003. It posted Q3 revenue of $249.5 million, up 40 percent. Shares are up 50 percent over the past year.
Like what you're reading? Subscribe to GeekWire's free newsletters to catch every headline

Job Listings on GeekWork

Find more jobs on GeekWork. Employers, post a job here.