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Cornerstone OnDemand Raises $300M From Silver Lake

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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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BlackLine Systems Gets Investment From Silver Lake Sumeru

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Los Angeles-based BlackLine Systems , the developer of financial close software-as-a-service, has scored an investment from private equity firm Silver Lake Sumeru. Financial terms of the investment were not announced. blackline systems accounting software merger acquisition exit venture capital private equity'

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BlackLine Investors Look For More Liquidity In New Offering

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Los Angeles-based accounting softare developer BlackLine announced late Monday that it will be launching an underwritten public offering of 8,000,000 shares of its stock, in what appears to be a move to provide some liquidity to its early investors. Silver Lake Sumeru is looking to sell around 6.1M READ MORE>>.

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BlackLine's Early Investors Eye Liquidity

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Some of the early investors in Woodland Hills-based accounting software developer BlackLine are looking for some liquidity from their investments, more than a year since BlackLine's October 2016 IPO, and plan to sell around 4,500,000 shares of their stock. The company is not selling any stock with the offering.

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GoodRx Sets IPO Pricing Range

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Santa Monica-based GoodRx , a developer of a digital healthcare and prescriptions service, has set an IPO pricing range of between $24.00 GoodRx is backed by private equity firms Silver Lake, Francisco Partners, Spectrum, and Idea Men LLC. and $28.00 The company is looking to raise as much as $1.1 Seelaus & Co.,

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BlackLine Discloses Revenues: $10M to $30M

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Los Angeles-based BlackLine Systems , the fast growing developer of financial software for enterprises, looks to be generating between $10M to $30M, based on a recent ranking of the company by an indutsry magazine. The company recently took a majority investment from Silver Lake Sumeru. BlackLine said it took the No.

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A Chat With Jamie Montgomery On How LA's Tech Ecosystem Has Grown

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The conference is run by Jamie Montgomery , one of the local industry's pioneers in venture capital and investment. The LIDAR, the sensors, the software, what's been developed for and by the aerospace industry, JPL, and local universities. That's the Unilver acquisition of Dollar Shave, the GE acquisition of ServiceMax.