Demandware amends its S-1 filing with the Securities and Exchange
Commission and its IPO roadshow presentation materials to accurately
reflect Venda's position in the On Demand market.
NEW YORK -- Venda, Inc. thanks Demandware for amending its S-1 filing with the Securities and Exchange Commission and its IPO roadshow presentation materials to accurately reflect Venda's position in the On Demand market. Previously, Demandware did not clearly represent that Venda competes head to head with Demandware for business with enterprise class customers in On Demand, Software as a Service eCommerce solutions. This has now been changed as of yesterday afternoon (as at 13 March 2012).
Venda has more customers globally than Demandware, commenced trading three years before Demandware was founded, and provides many enterprise-class customers such as Tesco, TJX Companies and France Telecom with SaaS, On Demand e-commerce.
