article thumbnail

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. In conjunction with the investment, publicly held Cornerstone OnDemand said it will launch a $100M share repurchase program.

article thumbnail

BlackLine Investors Look For More Liquidity In New Offering

socalTECH

According to BlackLine, the shares in the offering are being sold by Silver Lake Sumeru, investment funds affiliated with ICONIQ, Therese Tucker, the company's CEO and founder; and Mario Spanicciati, the company's Chief Marketing Officer. Silver Lake Sumeru is looking to sell around 6.1M READ MORE>>.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

BlackLine's Early Investors Eye Liquidity

socalTECH

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.

article thumbnail

Broadcom Lines Up $100 Billion In Bid To Acquired Qualcomm

socalTECH

Broadcom said the financing will allow it to fully fund the $60 per share in cash component of its $82 per share offer to acquire Qualcomm. Broadcom said it lined up 12 financial in institutions to finance the offer, including $5 billion in a revolving credit facility and bridge financing, plus investment funds from Silver Lake, KKR and CVC.

article thumbnail

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 said that it will use the new growth funding to enhance its technology platform. Science said it has now invested in, built, or acquire more than 37 early stage companies. READ MORE>>.

article thumbnail

Cast & Crew Completes Caps Payroll Buy

socalTECH

The acquisition was funded by Cast & Crew's controlling shareholder, technology investing and private equity firm Silver Lake. Financial details of the acquisition--which had originally been announced in June--have not been announced.

article thumbnail

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. According to SolarCity, the big funding round was led by The round was led by Silver Lake Kraftwerk and Valor Equity Partners, and also included Nicholas J.