| Demandware | |
| Type: | Subsidiary |
| Founder: | Stephan Schambach Wayne Whitcomb |
| Area Served: | Worldwide |
| Key People: | Thomas Ebling (president, CEO & chairman) Timothy Adams (CFO) Jeffrey Barnett (COO) Wayne Whitcomb (CTO) Nick Camelio (CPO) Philip Jefferson (Technology Operations) |
| Industry: | e-commerce, mobile commerce, software, SaaS, cloud computing |
| Num Employees: | 1000+ (2015)[1] |
| Parent: | Salesforce |
| Homepage: | Salesforce.com |
| Location: | Burlington, Massachusetts |
Demandware is a software technology company headquartered in Burlington, Massachusetts, that provides a cloud-based unified e-commerce platform for retailers and brand manufacturers around the world.
Founded in 2004, Demandware was acquired by Salesforce in 2016 for $2.8B.[2] The company was subsequently renamed Salesforce Commerce Cloud.[3]
Demandware was founded in February 2004 by Stephan Schambach[4] to provide a hosted service that would enable companies to develop and manage 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.[5] [6]
On March 15, 2012, Demandware began trading on the New York Stock Exchange,[7] [8] 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.[9] In November 2013, Demandware announced an underwritten registered public offering.[10]
Demandware is headquartered in Burlington, Massachusetts.[11] The company also has offices in Salt Lake City, Utah (Tomax acquisition 2015); Deerfield Beach, Florida (Mainstreet Commerce acquisition 2014); the United Kingdom; France; Denmark; Jena and Munich in Germany; the Netherlands; Australia; Hong Kong; China; and Japan.[12]