DocuSign has priced its IPO above range at $29 per share, raising $629.3 million in the process. The electronic signature company will have an initial public market cap of $4.4 billion (with a fully diluted value of $5.2 billion), up from the $3.1 billion valuation it reached with its final private funding round in 2015.
The San Francisco-based company originally planned to sell its shares for between $24 and $26 apiece, then increased that range to $26 to $28 earlier this week. In pricing its IPO above its original expectations, DocuSign follows the lead of Dropbox, which debuted above its own anticipated range in March.
For a closer look at the numbers associated with the 15-year-old company’s IPO and a timeline of its funding and valuation history, check out our DocuSign datagraphic:
Related read: These VCs could win big in the DocuSign IPO
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