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Samsung Ventures Makes Unspecified Investment in DocuSign

Samsung Ventures, which manages investments for Samsung’s various mobile and CE subsidiaries, bought an undisclosed stake in DocuSign, which bills itself as the "global standard for digital transaction management." Samsung’s investment, terms of which weren't released, "opens the opportunity to bring DocuSign closer to mobile users" for securely transacting "anything, anytime, anywhere, on any device," the companies said in an announcement last week. They called the investment "a precursor to the development of a broader strategic relationship" between the companies.