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Docusign to acquire Lexion for $165M in exit for Seattle-based AI contract management company

GeekWire

(GeekWire Photo / Kevin Lisota) Docusign announced an agreement to acquire Lexion for $165 million, signaling plans to integrate the Seattle-based company’s AI-powered contract management technology into its Intelligent Agreement Management Platform.

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After tripling revenue in 2022, Lexion lands $20M to expand AI-powered contract management software

GeekWire

From left: Lexion CTO and co-founder Emad Elwany; CEO and co-founder Gaurav Oberoi; and Chief Legal Officer Jessica Nguyen. Lexion Photo) Lexion gained a foothold by using artificial intelligence to help legal departments manage contracts. Lexion tripled revenue in 2022 and now investors are throwing more fuel on its fire.

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Tech Moves: OfferUp names new CTO; Amazon data center leader departs; and more

GeekWire

— Mobile marketplace OfferUp hired former Splunk VP of Engineering Melissa Binde as its new CTO. She oversaw Splunk’s cloud engineering business while CTO at the software giant. Binde succeeds Ameesh Paleja who served as OfferUp’s CTO for two years. He is now a VP of engineering at Google.

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Tech Moves: Payscale CEO steps down; a16z adds Seattle-based partner; Madrona hires investor

GeekWire

Jonathan Watson , previously VP of engineering at Clio, as CTO. Madrona Venture Group hired Sabrina Wu as an investor. Seattle recruiting startup Candidate hired Sean B House as VP of engineering and Krista Place as head of marketing. The Washington Research Foundation announced its 2022 cohort of postdoctoral fellows.

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Tech Moves: Life Science Washington names new CEO; AWS exec departs; Vizio CTO retires

GeekWire

Vizio CTO Bill Baxter retired at the end of 2021 after seven years with the consumer electronics company. The longtime Seattle tech executive served as CTO of BuddyTV and Cozi Group, spent more than a decade on the board of the Washington Technology Industry Association, and co-founded Bsquare. — Jay Inslee. Vancouver, B.C. Jen Haller.

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Tech Moves: Amazon names new workplace safety leader; Zscaler hires Salesforce EVP; and more

GeekWire

According to Amazon’s latest safety report , the company said it improved its recordable incident rate by 11% from 2021 to 2022, and reduced its lost time incident rate by 14%. Other key personnel changes in the Pacific Northwest tech industry: Cloud security giant Zscaler hired longtime Seattle tech vet Syam Nair as its new CTO.

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DTW 2022: Vodafone Germany CIO Ulrich Irnich wants to break the IT bottleneck

TM Forum

Running on ODA status is renewed annually through self-assessment and biannually by joint assessment with the TM Forum CTO office. Open API conformance is mandatory for its suppliers, and ODA competence is expected evidenced by ODA training certifications. “We drained our own talent,” he said.

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