Private company

Demandware

Logo: Demandware, Inc., Public domain, via Wikimedia Commons⁵

American web technology company, 2004–2016

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.³ It was founded by Stephan Schambach.¹ Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

2004Founded¹

Industrycloud computing, customer relationship management software, e-commerce, software industry¹
HeadquartersBurlington¹
Websitewww.salesforce.com/commerce
Legal formsubsidiary company¹
Incorporated inDE⁶
Business address5 Wall Street, Burlington, Ma 01803⁶
Filer categoryLarge accelerated filer⁶
LEI549300VXAFQU48T8DG35⁴
StatusActive⁴
LEI statusLapsed (not renewed)⁴
Registered addressC/O The Corporation Trust Company, 19801 Wilmington, United States⁴
Registered withDivision of Corporations, Department of State, 3765916⁴

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Demandware was a cloud-based software technology company headquartered in Burlington, Massachusetts.³

What it owns

What Demandware reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

Item	Latest	A year before	Change
Property and equipment, before depreciation	$48.6M⁸ Dec 31, 2015	$33.9M⁸ Dec 31, 2014	+43.5%
Accumulated depreciation	$26.7M⁸ Dec 31, 2015	$19.8M⁸ Dec 31, 2014	+34.7%
Property and equipment, net	$21.9M⁸ Dec 31, 2015	$14.0M⁸ Dec 31, 2014	+55.8%

Investments

Item	Latest	A year before	Change
Cash and cash equivalents	$115.0M⁸ Dec 31, 2015	$158.8M⁸ Dec 31, 2014	−27.6%
Marketable securities, current	$84.9M⁹ Dec 31, 2014	$37.1M⁹ Dec 31, 2013	+128.6%

Intangibles and goodwill

Item	Latest	A year before	Change
Goodwill	$59.5M⁸ Dec 31, 2015	$24.4M⁸ Dec 31, 2014	+143.9%
Intangible assets, net (excluding goodwill)	$10.3M⁹ Dec 31, 2014
Finite-lived intangibles, gross	$30.1M⁸ Dec 31, 2015	$11.6M⁸ Dec 31, 2014	+159.6%
Accumulated amortization	$6.3M⁸ Dec 31, 2015	$1.3M⁸ Dec 31, 2014	+371.6%
Finite-lived intangibles, net	$23.8M⁸ Dec 31, 2015	$10.3M⁸ Dec 31, 2014	+131.9%

The story

Founded by Stephan Schambach in 2004.¹

Demandware was founded in February 2004 by Stephan Schambach 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. 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.

2012 IPO

On March 15, 2012, Demandware began trading on the New York Stock Exchange, 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.

Acquisition

On June 1, 2016, Salesforce signed a definitive agreement to acquire Demandware for $2.8 billion. The acquisition was completed on July 11th, 2016.

From Wikipedia’s article on Demandware, shared under CC BY-SA 4.0.⁷

Leadership

Who has led Demandware, and when. Pick a name to see everywhere that person has worked.

Chief executive

Thomas D. Ebling2012–2016

President

Thomas D. Ebling2012–2016

Chief financial officer

Chief operating officer

Jeffrey G. Barnett2013–2016

20052010201520202025

FounderStephan Schambach¹
Chief executive officerThomas D. Ebling Mar 14, 2012 to Jul 11, 2016¹⁰
PresidentThomas D. Ebling Mar 14, 2012 to Jul 11, 2016¹⁰
Chief financial officerTimothy M. Adams Apr 2, 2015 to Mar 30, 2016¹¹
Chief financial officerScott J. Dussault Mar 14, 2012 to May 19, 2014¹²
Chief operating officerJeffrey G. Barnett Feb 4, 2013 to Jul 11, 2016¹³

Board members and other officers (17)

OfficerKathleen Bender Patton Aug 4, 2015 to Aug 4, 2015¹⁴
OfficerRohit Goyal Aug 4, 2015 to Jul 11, 2016¹⁵
Executive VPScott J. Dussault Jun 3, 2014 to Jun 6, 2014¹⁶
OfficerTimothy M. Adams Jun 3, 2014 to Jul 11, 2016¹⁷
Executive VP, Field OperationsJeffrey G. Barnett Mar 14, 2012 to Jan 29, 2013¹⁸
Chief Technology OfficerWayne Whitcomb Mar 14, 2012 to Jul 11, 2016¹⁹
Board memberLinda M. Crawford Feb 1, 2016 to Jul 11, 2016²⁰
Board memberJeffrey G. Barnett Oct 17, 2014 to Jul 11, 2016²¹
Board memberCharles Kane Mar 14, 2012 to Jul 11, 2016²²
Board memberJill Granoff Mar 14, 2012 to Jul 11, 2016²³
Board memberJitendra S. Saxena Mar 14, 2012 to Jul 11, 2016²⁴
Board memberLawrence S. Bohn Mar 14, 2012 to Dec 9, 2015²⁵
Board memberMichael J. Skok Mar 14, 2012 to Feb 26, 2015²⁶
Board memberStephan Schambach Mar 14, 2012 to Jul 9, 2015²⁷
Board memberThomas D. Ebling Mar 14, 2012 to Jul 11, 2016¹⁰
General counselKathleen Bender Patton Aug 27, 2015 to Jul 11, 2016²⁸
General counselSheila Marie Flaherty Aug 8, 2014 to Jun 3, 2015²⁹

Subsidiaries and ownership

Owners

Salesforce

From Wikidata.¹

Timeline

2016Dissolved Dissolved¹
Mar 14, 2012New chief executive Thomas D. Ebling becomes CEO¹⁰
2004Founded Founded¹

SEC filer profile

How Demandware is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

Name on EDGARDemandware Inc²
CIK0001301031
Filer statusLarge accelerated filer²
Incorporated inDelaware²
Fiscal year endsDecember 31²
Industry code (SIC)7371 Services-Computer Programming Services²
Business address5 Wall Street, Burlington, MA 01803²
Phone781-756-3700²
Shares outstanding38,021,736 as of Mar 31, 2016³⁰
Public float$2.4B as of Jun 30, 2015⁸
On EDGAR sinceAug 19, 2004²
Filings434 in all: 4 (246), 8-K (45), 3 (19), SC 13G/A (18), 10-Q (13), SC 13G (9), UPLOAD (9), CORRESP (8)²
All 37 form types
S-1/A (7), REGDEX (5), 10-K (4), 5 (4), DEF 14A (4), SC 14D9/A (4), SC TO-T/A (4), ARS (3), S-8 (3), S-8 POS (3), SC TO-C (3), 4/A (2), 424B5 (2), 8-K/A (2), D/A (2), SC14D9C (2), 15-12B (1), 25-NSE (1), 424B4 (1), 8-A12B (1), CERTNYS (1), CT ORDER (1), D (1), EFFECT (1), REGDEX/A (1), S-1 (1), S-3ASR (1), SC 14D9 (1), SC TO-T (1)
Latest filingsAnnual report (10-K) Feb 26, 2016
Quarterly report (10-Q) Apr 28, 2016
Proxy statement (DEF 14A) Apr 1, 2016
Latest 8-K (8-K) Jul 11, 2016

Sources

The numbers on this page point here. Each one links to the record it came from.

1
WikidataDemandware on Wikidata
2
SEC EDGARDemandware filings on SEC EDGAR
3
WikipediaDemandware on Wikipedia
4
GLEIFDemandware LEI record (549300VXAFQU48T8DG35)
5
Wikimedia CommonsDemandware logo by Demandware, Inc., Public domain
6
SEC EDGARDemandware filings on SEC EDGAR
7
WikipediaDemandware on Wikipedia (revision used)
8
SEC EDGARDemandware 10-K for fiscal 2015
9
SEC EDGARDemandware 10-K for fiscal 2014
10
SEC EDGARThomas D. Ebling, Chief executive officer
11
SEC EDGARTimothy M. Adams, Chief financial officer
12
SEC EDGARScott J. Dussault, Chief financial officer
13
SEC EDGARJeffrey G. Barnett, Chief operating officer
14
SEC EDGARKathleen Bender Patton, Officer
15
SEC EDGARRohit Goyal, Officer
16
SEC EDGARScott J. Dussault, Executive VP
17
SEC EDGARTimothy M. Adams, Officer
18
SEC EDGARJeffrey G. Barnett, Executive VP, Field Operations
19
SEC EDGARWayne Whitcomb, Chief Technology Officer
20
SEC EDGARLinda M. Crawford, Board member
21
SEC EDGARJeffrey G. Barnett, Board member
22
SEC EDGARCharles Kane, Board member
23
SEC EDGARJill Granoff, Board member
24
SEC EDGARJitendra S. Saxena, Board member
25
SEC EDGARLawrence S. Bohn, Board member
26
SEC EDGARMichael J. Skok, Board member
27
SEC EDGARStephan Schambach, Board member
28
SEC EDGARKathleen Bender Patton, General counsel
29
SEC EDGARSheila Marie Flaherty, General counsel
30
SEC EDGARDemandware 10-Q filed Apr 28, 2016: shares outstanding