Demandware (DWRE) Prices 5.5M IPO at $16/Share

Demandware, Inc. (NYSE: DWRE), announced the pricing of its initial public offering of 5,500,000 shares of common stock at a price to the public of $16 per share. The shares are expected to begin trading on The New York Stock Exchange on March 15, 2012 under the symbol “DWRE”. All of the shares being sold in the offering are being sold by Demandware. The underwriters have a 30-day option to purchase up to an additional 825,000 shares of common stock from Demandware at the initial public offering price.

Goldman, Sachs & Co. and Deutsche Bank Securities Inc. are acting as joint book-running managers for the offering. William Blair & Company, L.L.C., Oppenheimer & Co., Inc., Canaccord Genuity Inc. and First Analysis Securities Corporation are acting as co-managers.

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