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Cornerstone OnDemand Buys Evolv

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Santa Monica-based Cornerstone OnDemand said Tuesday afternoon that it has agreed to acquire Evolv , a machine learning and data science company based in San Francisco. Cornerstone will pay approximately $42.5M According to Cornerstone OnDemand, it will use the buy to bolster its big data analytics and machine learning efforts.

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Cornerstone OnDemand Chops Sales Staff, Shuffles Sales Head

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Santa Monica-based Cornerstone OnDemand , which develops human capital management and employee learning software, has cut its sales head count, and shuffled its sales and services organizations, the company said late Wednesday. It also named Jeff Lautenbach as President of Global Field Operations. com, SAP, and IBM.

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Cornerstone OnDemand Bolsters Board With Eloqua Vet

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Santa Monica-based software-as-a-service developer Cornerstone OnDemand said this morning that it has added former Eloqua CEO Joe Payne to its board of directors. Payne replaces venture capitalist Rod Ward, who is at Meritech Capital, one of Cornerstone OnDemand''s original investors. READ MORE>>.

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Cornerstone OnDemand Buys New Zealand Firm

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Santa Monica-based Cornerstone OnDemand , the developer of human resources and talent management software-as-a-service, said today that it has agreed to acquire Auckland, New Zealand-based Sonar Limited (Sonar6). Cornerstone OnDemand said it is using the acquisition to enter into the SMB space.

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Cornerstone OnDemand Files For IPO

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In what looks to be a banner year for IPO filings for Southern California, Santa Monica-based Cornerstone OnDemand filed for an IPO this morning, saying that it is looking to raise up to $115M in an IPO. Tags: software saas exit acquisition merger ondemand cornerston. on revenues of $29.3M READ MORE>>.

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Cornerstone OnDemand Drops Secondary IPO Effort

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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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Cornerstone OnDemand Selects NASDAQ

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Cornerstone OnDemand is backed by Bay Partners, Bessemer Venture Partners, and Meritech Capital. Cornerstone OnDemand filed for an IPO in September. Tags: cornerstone ondemand merger acquisition exit software saas. READ MORE>>.