April 12, 2020 • 00:43:33

Stephan Schambach: His First Business Was Worth $14 Billion And His Second Was Acquired By Salesforce For $2.8 Billion

Stephan Schambach is the founder of NewStore which operates a platform for retailers to run their stores on iPhone. The company has raised $130 million from General Catalyst, Salesforce Ventures, Enjoyventure Management, and Activant Capital. Prior to this he founded Demandware (acquired by Salesforce for $2.8 billion), Torqueedo (acquired by DEUTZ for $100 million), and Intershop.

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