$3 billion e-signature firm raises $629 million in IPO
California-based e-signature technology company DocuSign has raised $629 million after pricing its IPO at $29 per share. Founded in 2003, DocuSign had raised over $500 million so far, with the IPO taking its valuation from $3 billion to $4.4 billion. "We have a history of operating losses and may not achieve profitability in the future," DocuSign warned in the prospectus.