Contract lifecycle management company Icertis is raising more cash

Bellevue, Wash.-based contract management software provider Icertis raised $75 million, according to a new SEC filing.Weve reached out to the company for more details and will update this story when we hear back. 2 on the GeekWire 200, our list of top privately held Pacific Northwest tech startups.Icertis sells contract management software across 90 countries. The idea is to help companies keep track of deals with suppliers and customers, and negotiate better contracts by highlighting ways to save money or move faster. Its customers include Accenture, Microsoft, SAP, Mercedes-Benz, and Johnson & Johnson.Icertis competes with DocuSign, SirionLabs, Conga, and many others that also focus on contract management.The companys annual recurring revenue grew more than 50% in the first half of 2022.Earlier this month Icertis hired Deanna Lanier, a former exec at Infor, as chief strategy officer. The company is led by CEO and co-founder Samir Bodas, a veteran of Microsoft and Aztecsoft.Editors note: This story was updated with comments from Icertis and valuation information.