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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. Joe Osnoss of Silver Lake joins Cornerstone's board with the funding, and Silver Lake will also appoint another member of the board at a later date.

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BlackLine Systems Gets Investment From Silver Lake Sumeru

socalTECH

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. As part of the investment, Silver Lake Sumeru has added Hollie Moore Haynes, John Brennan and Jason Babcoke to BlackLine''s board of directors.

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Eyeing Future IPO, A Rarity for SD Software Firms, Tealium Adds $55M

Xconomy

Eleven-year-old Tealium has now hauled in more than $160 million in venture capital, and is prepping to become one of the region’s first big tech companies to go public in over five years.

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Shea Ventures Backs SolarCity

socalTECH

Shea Ventures , the venture capital arm of Orange County homebuilder Shea Homes , has boosted its solar installation partner SolarCity , as part of an $81M equity investment in SolarCity. Pritzker, partner at Tao Ventures and senior development advisor for Hyatt Hotels Corp., in addition to Shea Ventures.

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Science Inc. Gets $20M In Debt Funding, Grows To 150 People

socalTECH

According to Fortune, the funding came from private equity investor Silver Lake Waterman. science startup incubator accelerator mike jones dogvacay dollarshave venture capital private equity silverlake' Science said that it will use the new growth funding to enhance its technology platform. READ MORE>>.

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Renovate America Raises $90M For Energy Saving Financing

socalTECH

San Diego-based Renovate America has raised $90M in an equity financing round, from Silver Lake Kraftwerk, DFJ Growth, and others, the company disclosed Thursday. Renovate America has previously received funding from Valor Equity Partners. Renovate America has previously received funding from Valor Equity Partners.

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Kareo Adds $55M In Funding

socalTECH

The funding was led by Montreux Equity Partners, and also included Silver Lake Partners and the company's existing investors. Irvine-based Kareo , the developer of cloud-based software used to manage medical practices, said this morning that it has raised $55.4M in a new funding round.