Demandware
 |
|
| Subsidiary | |
| Industry | e-commerce, mobile commerce, software, SaaS, cloud computing |
| Founded | 2004 |
| Founder |
Stephan Schambach Wayne Whitcomb |
| Headquarters | Burlington, MA |
|
Area served
|
Worldwide |
|
Key people
|
Thomas Ebling (president, CEO & chairman) Timothy Adams (CFO) Jeffrey Barnett (COO) Wayne Whitcomb (CTO) Nick Camelio (CPO) |
|
Number of employees
|
1000+ (2015) |
| Parent | Salesforce |
| Website | Demandware.com |
Demandware is a software technology company headquartered in Burlington, Massachusetts, providing a cloud-based e-commerce platform and related services for retailers and brand manufacturers around the world.
In 2016, Demandware was acquired by Salesforce for $2.8B.
Demandware was founded in 2004 by Stephan Schambach to provide a hosted service that would enable companies to develop and manage easy-to-use, customizable e-commerce websites, rather than building a site from scratch. The service was launched in the first quarter of 2005. Schambach previously founded the early e-commerce company Intershop in 1992. Seed money for Demandware was provided by venture capital firms General Catalyst Partners and North Bridge Venture Partners.
On March 15, 2012, Demandware began trading on the , raising $88 million in its initial public offering of $16 per share. Following its IPO, shares were up more than 50% from the IPO price by the next morning. In November 2013, Demandware announced an underwritten registered public offering.
Demandware Commerce is a cloud-based technology for retailers, allowing them to develop and manage custom digital commerce and mobile commerce sites. The technology includes an open, cloud-based platform with applications for e-commerce merchants, developers and administrators. The platform enables worldwide consumer engagement across devices, including laptop, desktop, tablet and mobile computers. Demandware's subscription structure uses a revenue share model.
Demandware OrderCenter is a cloud-based order management system, that is based on the technology acquired from the Mainstreet Commerce acquisition.
Demandware Retail.net is a hosted or on-premises Point of Sale solution, that is based on the technology acquired from the Tomax acquisition.
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Wikipedia