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GeezerVison is showing en.wikipedia.org — Demandware - Wikipedia
Demandware was a cloud-based software technology company headquartered in Burlington, Massachusetts. Founded in 2004, Demandware was acquired by Salesforce in 2016 for $2.8B, and was rebranded to Salesforce Commerce Cloud.[1][2] HistoryDemandware was founded in February 2004 by Stephan Schambach[3] to provide a hosted service to enable companies to develop and manage e-commerce websites. The service was launched in the first quarter of 2005.[3] Schambach previously founded the early e-commerce company Intershop in 1992.[3] Seed money for Demandware was provided by venture capital firms General Catalyst Partners and North Bridge Venture Partners.[4][5] 2012 IPOOn March 15, 2012, Demandware began trading on the New York Stock Exchange,[6][7] raising $88 million in its initial public offering of $16 per share.[4] Following its IPO, shares were up more than 50% from the IPO price by the next morning.[8] In November 2013, Demandware announced an underwritten registered public offering.[9] AcquisitionOn June 1, 2016, Salesforce signed a definitive agreement to acquire Demandware for $2.8 billion.[10] The acquisition was completed on July 11th, 2016.[10] References
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