socalTECH

AUGUST 8, 2011

Santa Monica-based Cornerstone OnDemand , the developer of software-as-a-service for talent and employee management, has dropped its plans for a secondary IPO, citing "current marketing prices". Cornerstone OnDemand had filed for a secondary offering only a few weeks ago, on July 20th. READ MORE>>.

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socalTECH

MARCH 16, 2011

Santa Monica-based Cornerstone OnDemand has priced its IPO at $13.00 The firm, which develops software-as-a-service for the human resources and employee talent management sector, is venture backed by Bay Partners, Bessemer Venture Partners, and Meritech Capital. Cornerstone OnDemand is headed by Adam Miller.

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socalTECH

MARCH 17, 2011

Santa Monica-based Cornerstone OnDemand debuted on the markets Thursday in a strong showing, trading as high as $20.25 The firm was trading around $19.60, or 50 percent above its debut price in morning trading. The firm, headed by Adam Miller, develops software-as-a-service for human resources and talent management.

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