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The 15 year-old provider of electronic signature services has filed its Form S-1 with the SEC for its listing as DOCU. Its last funding round gave the company a valuation of $3bn in 2015.
“We have a history of operating losses and may not achieve or sustain profitability in the future,” DocuSign warned in the filing. It also explained that it plans to grow through international expansion—for the above-quoted year, only 17% of its revenue came from outside the U.S.—and by targeting verticals such as health care and U.S. federal government agencies.
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