DemandTec, consumer demand management software co., prices IPO

DemandTec, a San Carlos, Calif. company that makes consumer demand management software, priced its 6 million initial public offering shares at $11, within its estimated range of $10 to $12 a share.

The company is backed by Altos Ventures, Cargill and Crosspoint Venture Partners.

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Matt Marshall is editor and CEO of VentureBeat. Follow him on Twitter at @mmarshall, and follow VentureBeat on Twitter at @venturebeat.

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