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Adoption rate of enhanced IAM by DocuSign customers within 18 months
5
Resolution / Starting Odds
Above 50% • 25%
30-50% • 25%
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Below 10% • 25%
Customer surveys, financial statements, or official DocuSign reports
Story
DocuSign Acquires AI Firm Lexion for $165M to Boost IAM Platform
May 6, 2024, 08:16 PM
DocuSign has announced the acquisition of Lexion, an AI-powered contract management firm, for $165 million in cash. This strategic move is aimed at enhancing DocuSign's Identity Access Management (IAM) platform by integrating advanced AI capabilities into its services. Lexion, a Seattle-based startup, had previously raised $35.2 million in funding before this acquisition.
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