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Cornerstone OnDemand IPO Prices At $13 Per Share

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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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Cornerstone OnDemand Jumps In IPO Debut

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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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Why John Frankel Leaned in Early on Klout and Cornerstone OnDemand and What He Sees Next

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But note that he was equally early and passionate about Cornerstone OnDemand and it’s now trading at a $1.6 And oddly it took an investor in New York to highlight to me Cornerstone OnDemand – one of the most successful software company in my home town of Los Angeles! Put offer proper accounting at your peril.