Demandware wants to raise up to $80m with IPO
6th March Leave a comment
Almost nine months after their first announcement, Demandware seem to pursue their IPO again and have fixed the price range for their shares at $12.50 – $14.50. With this, Demandware wants to raise up to $80 million:
Demandware, which provides on-demand software to help businesses design and maintain e-commerce sites, announced terms for its IPO on Thursday.
The Burlington, MA-based company plans to raise $74 million by offering 5.5 million shares at a price range of $12.50 to $14.50.
At the midpoint of the proposed range, Demandware would command a market value of $425 million.
Read the full feature at excitingcommerce.com!