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Demandware Scoops Up N2N’s Assets

Woburn, MA-based Demandware, which offers an on-demand e-commerce platform for online retailers, has acquired all of the remaining assets of N2N, a competing e-commerce startup formerly based in Cambridge, MA, that shut down at the end of 2007 after raising $30 million in venture funding from General Catalyst Partners and other investors. Demandware won the assets for an undisclosed amount in a sealed-bid auction that was completed May 2, according to an announcement today from attorneys for N2N’s creditors.

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