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Report: Cornerstone OnDemand Hires Investment Bankers For Review

socalTECH

Santa Monica-based Cornerstone OnDemand has hired investment banking firms Centerview Partners and Goldman Sachs, in a move that could result in either a sale of the company, or help in fighting off an activist investor, according to a report. READ MORE>>.

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Cornerstone OnDemand Raises $300M From Silver Lake

socalTECH

Santa Monica-based enterprise software developer Cornerstone OnDemand has raised $300M in a strategic investment from private equity investor Silver Lake, according to the company. In conjunction with the investment, publicly held Cornerstone OnDemand said it will launch a $100M share repurchase program.

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Report Tallies $7.7 Billion In SoCal IT Exits In 2011

socalTECH

The report also tallied six companies having IPOs, the most since 2005; those firms included RealD, Cornerstone OnDemand, Demand Media, ReachLocal and Inphi Corp. Among other major 2011 exits listed were Riot Games ($400 million) and HauteLook ($270 million).

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Demand Media Prices IPO, Begins Trading Today

socalTECH

The firm's investors include Oak Investment Partners, Spectrum Equity, W Capital Partners, Goldman Sachs & Co., A number of other companies have filed but have not yet reached the markets, including GameFly, Cornerstone OnDemand, Boingo Wireless, and Peregrine Semiconductor, among others. Morgan Stnaley & Co.,

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What I Learned in 2014: Kevin Winston

socalTECH

The themes expanded to include both hot new startups, as well as companies like Cornerstone OnDemand, Belkin, and Telesign which have been part of LA tech for more than a decade. At the end of 2013, we were excited when there was an investment round of $20M to $30M. This is just the start. Watch for more in 2015.

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Why Has LA Suddenly Gotten So Much Attention from VCs and Entrepreneurs?

Both Sides of the Table

” I hear it when I visit LPs (the people who invest in VCs) all across the country, “Yeah, I haven’t been out there for a few years but I keep hearing that something is going on there.” No less than Fred Wilson has credited Carlota’s work with having a major influence on his investment strategy at USV.

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Ten Tech Entrepreneurs Who Are Putting LA on the Map

SoCal Delicious

Tech startup accelerators dot the landscape, feeding investments into the waiting arms of the nation’s most intelligent and driven entrepreneurs. Adam Miller – Cornerstone OnDemand. Founder and CEO since starting the company back in 1999, Miller has led Cornerstone through 11 years of consecutive growth. Yes, again.