article thumbnail

Cornerstone OnDemand Files For IPO

socalTECH

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. According to the S-1, the firm had a net loss of $8.3M The firm has not yet specified an exchange it plans to list on.

article thumbnail

Cornerstone OnDemand Selects NASDAQ

socalTECH

The firm, which is headed by Adam Miller, also updated its financials, saying it had a net loss of $31.39M on revenues of $32.57M for the nine months ended September 30, 2010. Cornerstone OnDemand is backed by Bay Partners, Bessemer Venture Partners, and Meritech Capital. Cornerstone OnDemand filed for an IPO in September.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Cornerstone On Demand Updates S-1

socalTECH

The firm's latest S-1 shows that the firm had revenues of $32.572M for the nine months ended September 30th, and had a net loss of $31.4M, due to an accounting charge of $24.0M Cornerstone OnDemand filed for an IPO in September. due to the change in the fair value of its preferred stock warrant liabilities. in revenues.

article thumbnail

Your Customer Success Team Is Focusing On The Wrong Definition Of Success

InfoChachkie

The evening would not have been possible without the generous support of Rainforest QA and Cornerstone onDemand. Ara went on to note that ServiceTitan has been experiencing negative churn, netting 120% annual revenue growth from existing customers. Sure You Track Satisfaction, But Whose Success Are You Monitoring?

Custom 100
article thumbnail

Why Has LA Suddenly Gotten So Much Attention from VCs and Entrepreneurs?

Both Sides of the Table

But many people forget that we have 2 relatively recent IPOs that are substantive companies: TrueCar (Upfront backed) & Cornerstone OnDemand. But our best Internet software engineers have historically been exported on a net basis to the Bay Area. ”).