DemandTec Files for IPO

DemandTec Inc., a San Carlos, Calif.-based provider of consumer-centric merchandising software, has filed for an $86.25 million IPO. It plans to trade on the Nasdaq under ticker symbol DMAC, with Credit Suisse and Morgan Stanley serving as co-lead underwriters. DemandTec has raised around $50 million in total VC funding since 1999, from firms like Crosspoint Venture Partners (34.8% pre-IPO stake), Cargill Ventures (15.9%), Altos Ventures (8.3%) and Athena Technology Ventures. Late last year it acquired TradePoint Solutions Inc., a Pleasanton, Calif.-based provider of online deal management software.